Under the new pricing regime, gasoline (PMS) now carries a wholesale ceiling of US$4.81 per gallon, while the retail pump price has been fixed at US$5.09 per gallon, or L$950. These revisions reflect an increase of US$0.22 for gasoline and a much sharper US$0.77 jump for fuel oil. Across taxi ranks and commercial parking stations in Monrovia, drivers are already discussing potential fare increases despite existing Ministry of Transport guidelines. While the Commerce Ministry recently reassured the public that it is working with importers to stabilize rice prices, citizens remains skeptical, noting that rising transportation and generator costs will inevitably force traders to charge more. Critics argue that this latest increase exposes Liberia’s vulnerability to imported fuel dependence, weak market enforcement, and limited consumer protection.

Source: GNN Liberia April 06, 2026 13:09 UTC