Swapo MP Clemencia Coetzee says the Petroleum Bill rightly realises strategic petroleum powers of the office of the President.

The Petroleum Exploration and Production Amendment Bill, which was recently tabled in the National Assembly in Parliament, has been rejected by the opposition party IPC. 

Minister of Industrialisation, Mines and Energy Modestus Amutse has tabled the Petroleum Amendment Bill in Parliament, transferring management of Namibia's petroleum sector to the Office of the President.

The Minister of Industries, Mines and Energy (MIME), Modestus Amutse, has reiterated the government's aim to ensure 70% of the country's citizens have access to electricity by 2030. 

Namibians will experience a reduction in fuel prices effective 4th June, with the petrol price decreasing by 30 cents per litre. 

Both Diesel 50ppm and Diesel 10ppm will drop by 70 cents per litre.