Fuel costs: why prices are rising and what you can do

Fuel prices are jumping across parts of Africa and that hits your wallet fast. In South Africa a planned fuel levy hike set for June 2025 is already pushing costs for farmers and shoppers, and projects like the Akwa Ibom refinery affect supply expectations. Higher fuel costs ripple through food prices, transport bills and small-business margins. Here’s a clear, practical look at why this matters and what you can do now.

Why fuel costs matter right now

Fuel isn’t just for cars. Trucks, tractors, generators and fishing boats all use diesel and petrol. When the government raises a levy or global oil prices climb, those operating costs rise immediately. Farmers face higher ploughing and transport costs, which often end up in supermarket prices. Commuters pay more to get to work. Even sports and entertainment stories on our site feel the pinch when travel budgets shrink.

Supply-side moves matter too. Big projects and refinery updates shape long-term prices. For example, statements from companies working on new refineries can calm or excite markets depending on progress reports. Expect headlines that look at both short-term tax or levy changes and longer-term supply fixes.

Practical steps to cut fuel costs today

You don’t need a deep budget to start saving. Small changes add up fast:

  • Drive smarter: Slow down on highways, avoid rapid acceleration, and use cruise control where safe. That saves fuel and stress.
  • Plan trips: Combine errands, pick the shortest routes, and run errands during less-congested hours to avoid idling in traffic.
  • Maintain your vehicle: Keep tyres properly inflated, change air filters and do timely oil checks. A well-kept car uses noticeably less fuel.
  • Share rides and switch modes: Carpool, use public transport, or cycle short trips. If enough people try this, commuting costs drop for everyone.
  • For farmers and businesses: Bulk fuel buying, scheduled maintenance, and switching some equipment to electric or solar pumps where possible can reduce big-ticket fuel spending.
  • Shop smart: Expect food price shifts and compare local markets. Shorter supply chains and local produce often mean lower transport costs.

If you run a small business, pass on costs thoughtfully. Small, transparent price changes and efficiency steps (like better delivery routing) keep customers and margins steady.

Want more updates? Watch for local stories about levy changes and refinery progress. Articles that dive deeper include recent coverage of the South African fuel levy and industry statements on refinery projects. Bookmark this tag to catch the latest headlines and practical tips as prices move.

Try one saving tip this week—maybe plan your errands or check tyre pressure—and see how much you shave off your next fuel bill. Small wins add up fast.

September 17, 2024

NNPC Raises Petrol Prices Amid Dangote Refinery Market Debut

NNPC has increased petrol prices for the second time in two weeks, coinciding with the arrival of fuel from the Dangote refinery. The new rates vary by region, with the highest prices in the northeast. Amidst the inflation and fuel cost crisis, the new refinery aims to reduce Nigeria's reliance on imported gasoline.