Fuel still going at EPRA’s new prices despite the court order
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Motorists suffer as fuel stations implement new rates following EPRA evaluation despite judicial order
Motorists suffer as fuel stations implement new rates following EPRA evaluation despite judicial order.
Kenyans have started feeling the pain at the pump following a review of petroleum products upwards by the Energy Petroleum Regulatory Authority.
The increase which took effect on Saturday midnight has already pushed the cost of transport up with the players in the sector hiking fare prices.
The high fuel prices have worsened the already tough economic environment for digital taxi operators.
The new prices have seen motorists in Nairobi pay a whooping Ksh.195.50 per litre of petrol, and Ksh.179.60 for diesel.
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EPRA on Friday went against the court order blocking the implementation of the Finance Act 2023 and increased fuel prices following the increase of Value Added Tax from 8 percent to 16 percent in the act.
EPRA in a statement stated that the price of petrol will increase by Ksh 13.49 per litre, diesel by Ksh 12.39 per litre, and kerosene by Ksh 11.96 per litre.
“The Energy Petroleum Regulatory Authority (EPRA) has recalculated the maximum pump prices that will be in force from 1st July to 14th July 2023 taking into account VAT at 16%.
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