The Interim Minister for Transport is expected to make some announcements later today as petrol prices increase significantly from this morning.

As stakeholders in the transport industry are keeping their fingers crossed for some relief from the state, Manu Korovulavula confirmed that he will make a statement on the matter later today.

Korovulavula said the increasing prices are a national issue and the relevant stakeholders must be informed first.

As of today, Motor Spirit will cost $2.05 per litre, an increase of 14 cents, Premix Outboard Fuel will now cost $2.03 per litre which used to cost $1.89 cents. There is also an increase in Diesel prices which goes up by 13c and will now cost $1.78 per litre while people will also have to fork out more money for Kerosene which sees a massive increase of 19c from $1.38 to $1.57 per litre.

Meanwhile, Fiji Taxi Union General Secretary Rishi Ram has suggested ways in which the industry could be assisted by the state.