Govt. receives 100 fuel tankers

He said the programme was also expected to contribute to the reduction of petroleum prices and ensure that more profits from the sector are retained within the country.

Mr Chileshe says the 100 fuel tankers were procured from Kinglong Zambia Limited on a hire-purchase arrangement, with the government paying 50 percent of the total cost upfront and the balance structured for repayment over three years.

He explained that the programme was implemented in two phases, with the first 50 tankers arriving in 2021 and being allocated to 50 youth cooperatives operating under Kapesika and Mount Meru.

Mr Chileshe said another 50 tankers arrived in 2022 and were allocated to an additional 50 youth cooperatives, bringing the total number of beneficiary cooperatives to 100.

He has urged the beneficiaries to use the tankers as productive assets to build sustainable businesses, create employment and contribute to national economic growth.

Mr Chileshe reaffirmed the government’s commitment to ensuring that youth empowerment programmes translate into real economic opportunities, sustainable enterprises and improved livelihoods.

And Kinglong Motors Limited, General Manager Wu Chunming reaffirmed the company’s commitment to partnering with the government in promoting youth empowerment and economic development.

Mr Chunming said the occasion represents more than the handover of equipment, but a partnership aimed at creating meaningful economic opportunities for young people.