• Login
Thursday, May 21, 2026
Magazine Afrique
  • News
  • Business
  • Sports
  • Technology
  • Entertainment
  • How To’s
  • Countries
    • Ghana
    • Nigeria
    • Egypt
    • Kenya
    • Rwanda
    • South Africa
    • UK
    • US
  • More
    • Biography
    • Culture & History
    • Lifestyle
No Result
View All Result
Magazine Afrique
  • News
  • Business
  • Sports
  • Technology
  • Entertainment
  • How To’s
  • Countries
    • Ghana
    • Nigeria
    • Egypt
    • Kenya
    • Rwanda
    • South Africa
    • UK
    • US
  • More
    • Biography
    • Culture & History
    • Lifestyle
No Result
View All Result
Magazine Afrique

Ethiopian Government Increases Fuel Prices Amid Persistent Shortages and Black Market Challenges

Adjustments Aim to Address Economic Pressures and Subsidy Burdens

Abdulraheem Fatimah by Abdulraheem Fatimah
March 24, 2025
in News
Reading Time: 2 mins read
0 0
A A
0
Ethiopian government
3
SHARES
71
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

RelatedPosts

Nigeria Today: Top 10 Key Latest Happenings You Need To Know This Tuesday Morning

Nigeria: “If anything happens to me, hold RCCG, Pastor Adeboye responsible” – Man cries out (Video)

Nigeria Today: Top 10 Key Latest Happenings You Might Have Missed This Friday Morning

Ethiopian government raises fuel prices by up to 11 birr per liter to mitigate economic strains and reduce subsidy expenditures, while grappling with widespread fuel shortages and a burgeoning black market.

The Ethiopian government has implemented a significant increase in fuel prices, elevating the retail price of gasoil to 112.67 birr per liter, an 11% hike.

Effective from March 23, 2025, in Addis Ababa, diesel and kerosene prices have also risen to 107.93 birr per liter, marking a 9% increase.


The Ministry of Trade and Regional Integration reports the price change to be a standard element of their quarterly fuel price adjustments.

The new fuel price rise took place within just three months following the earlier adjustment.

Prime Minister Abiy Ahmed disclosed to parliament that governmental funds would be used to provide fuel price subsidies while battling inflation increases.

The prime minister noted that the government uses subsidies to pay 28 birr per liter to the global market price of 129 birr per liter before domestic sales reach 101 birr per liter.

Prime Minister Abiy Ahmed disclosed to parliament that the previous fuel subsidy expenditures reached 72 billion birr.

The government maintains its support of essential product subsidies to ease financial pressures on lower-income groups he explained.

A fuel crisis has created severe shortages throughout different parts of Ethiopia as prices keep increasing.

The supply of gasoline has run dry for Bajaj drivers across the Afar region for eleven months which drives them toward black market fuel at 300 birr per liter.

The regions of Adama City together with Oromia and Amhara experience an acute crisis because black-market fuel prices are reaching 225 birr per liter.

The country experiences multifaceted difficulties between economic demands and fuel subsidy control while achieving fair distribution during persistent fuel shortages and black-market proliferation.

Share1Tweet1
Previous Post

Obi Emetarom Advocates for Regulated Blockchain to Transform Nigeria’s Financial Sector

Next Post

Bank of Tanzania Clarifies Shilling’s Performance Amid Recent Fluctuations

Abdulraheem Fatimah

Abdulraheem Fatimah

Fatimah Abdulraheem is an emerging digital journalist passionate about crafting compelling narratives for today's media landscape. She combines fresh perspectives with journalistic standards to create engaging content that resonates with diverse audiences.

Related Posts

Nigeria Today: Top 10 Key Latest Happenings You Need To Know This Tuesday Morning
News

Nigeria Today: Top 10 Key Latest Happenings You Need To Know This Tuesday Morning

by Olamide Olasupo
2 days ago
17
Nigeria: “If anything happens to me, hold RCCG, Pastor Adeboye responsible” – Man cries out (Video)
News

Nigeria: “If anything happens to me, hold RCCG, Pastor Adeboye responsible” – Man cries out (Video)

by Olamide Olasupo
2 weeks ago
21
Next Post
The Bank of Tanzania

Bank of Tanzania Clarifies Shilling's Performance Amid Recent Fluctuations

Senator Natasha Akpoti-Uduaghan

Senator Natasha Akpoti-Uduaghan Denies Forged Apology, Vows to Expose Political Oppression

Please login to join discussion

Trending

  • How to Stop a 3 Year Old From Bedwetting in Just 7 Nights Naturally

    How to Stop a 3 Year Old From Bedwetting: The 7-Day Nighttime Routine Parents Wish They Knew Earlier

    1 shares
    Share 0 Tweet 0
  • Nigeria: Peter Obi Lash Out At FG, States For Destroying People’s Property, Describes It As ‘Unjust’

    1 shares
    Share 0 Tweet 0
  • Nigeria Today: Top 10 Key Latest Happenings You Need To Know This Tuesday Morning

    1 shares
    Share 0 Tweet 0
  • Nigeria: Social Commentator Geh blasts Davido over Grammy loss (Video)

    1 shares
    Share 0 Tweet 0
  • Ethiopia Logistics Reform Targets Trade Growth

    1 shares
    Share 0 Tweet 0

Subscribe to our newsletter !

Facebook Twitter Instagram Youtube
Magazine Afrique

Magazine Afrique keeps your finger on the pulse of recent information on Lifestyle, Culture & History, Sports, Local & International News, Entertainment, Business, and Technology.

  • About
  • Advertise With Us
  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
  • Login

© 2025 Magazine Afrique Designed by Klear Konsult Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Business
  • Sports
  • Technology
  • Entertainment
  • How To’s
  • Countries
    • Ghana
    • Nigeria
    • Egypt
    • Kenya
    • Rwanda
    • South Africa
    • UK
    • US
  • More
    • Biography
    • Culture & History
    • Lifestyle

© 2025 Magazine Afrique Designed by Klear Konsult Limited.