Consumers nationwide received welcome financial relief as substantial price reductions for major fuel categories took effect at midnight on February 1st. The comprehensive price adjustment brings considerable savings across gasoline, diesel, kerosene, and liquefied petroleum gas (LPG) products.
Gasoline prices have been reduced by 11 cents, bringing the new retail price to $3.77 per litre. Diesel consumers will benefit from an even more significant decrease of 16 cents, establishing a new price point of $3.25 per litre. Kerosene prices have been moderated by five cents, now retailing at $1.43 per litre.
The pricing structure for liquefied petroleum gas has been similarly adjusted across various container sizes. A standard 100 lb cylinder will now cost $161.47, while smaller containers have been proportionately reduced: 25 lb cylinders are priced at $45.47, 22 lb cylinders at $40.18, and 20 lb cylinders at $36.52.
This coordinated price reduction represents one of the most substantial fuel cost decreases in recent months, potentially easing transportation expenses for both individual consumers and commercial enterprises. The next scheduled review and potential adjustment of fuel pricing is set to occur on March 1st, according to official communications from relevant authorities.