Government to inject N.dollars 1.3 billion to NEF to alleviate fuel price shocks

NAMPA

2026-05-07

OSHAKATI, 07 April 2026 - Minister of Industries, Mines and Energy, Modestus Amutse during the official handover of basic fencing materials worth to the Twayambekwa Green Scheme Project, an income-generating project for people living with disabilities in the Oshana Region. (Photo: Contributed)

WINDHOEK, 07 MAY (NAMPA) – The government has announced a financial intervention aimed at stabilising the domestic economy, committing approximately N.dollars 1.3 billion over two months (April and May) to cushion citizens and industries against skyrocketing global fuel prices.
Minister of Industries, Mines and Energy, Modestus Amutse announced on Thursday in Windhoek that the National Energy Fund (NEF) will absorb most of the rising costs associ...

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