27
Jan
Martin Endjala Motorists will not have to worry about having to dig deeper in their pockets for fuel in the month of February, as prices remain unchanged. This is after the Ministry of Mines and Energy announced today that the exchange rate figures for the period of 01-20 January 2023 indicate that the NAD has slightly recorded another appreciation against the USD at N$17.0079 per USD compared to N$1 7.2657 per USD at the end of December 2022, which was outweighed by the increases in barrel prices and freight rates. Therefore, after entering the input factors into the fuel pricing…