Nepal Truck Transport Federation Protests Sharp Fuel Price Hike

Summary

The Federation of Truck Transport Entrepreneurs of Nepal protests the recent sharp fuel price hike by Nepal Oil Corporation, highlighting its adverse effects on the transport sector and public life.

Key Points
  • The Federation of Truck Transport Entrepreneurs of Nepal objects to the recent petroleum price hike.
  • The price increase is attributed to tensions in the Gulf affecting crude oil supply.
  • The Federation demands automatic adjustment of truck fares according to a scientific pricing system following fuel price changes.
  • Nepal Oil Corporation raised petrol to 202 rupees and diesel to 182 rupees per liter in Kathmandu and other cities.
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