Cameroon: Oil companies defies President Biya's order

Total, Oilibya (former Mobil) and MRS (formerly Texaco) have blatantly refused to sell petrol and gas following prices decreed by the head of state in his end of year address to the nation. The various oil companies have maintained the old price of 650 FCFA per liter for Super and 600 FCFA for Diesel. Paul Biya announced a 20 frs reduction, but nothing has so far been implemented by the Minister of Commerce. Nothing has changed at the pumps ever since December 31, 2015, when Paul Biya solemnly declared that fuel prices at the pump should be revised on the 1st of January 2016.

Biya's Minister of Trade, Luc Magloire Atangana Mbarga, in his capacity as Chairman of the Board of Directors of the Hydrocarbon Price Stabilization Fund, said in a release that a liter of Super will undergo a decline 20 FCFA while that of diesel will lose 25 FCFA. Said Minister Atangana Mbarga, "Firm instructions have been given to all the downstream oil sector operators for the new prices to be stopped and strict application of the national territory from the effective date of 1 January 2016." However, at the time of filing this report, nothing had changed on the ground.