NSSCO and NSSCAS 2025 RESULTS


National Energy Fund nearly drained after N$1.3bn fuel bailout

The National Energy Fund has nearly run dry after the government spent N$1.3 billion in two months to shield motorists from rising fuel prices. It currently has between N$200 million and N$300 million remaining. Minister of industry, mines and energy Modestus Amutse says the fund’s balance has dropped sharply because…

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