logo

Stay tuned! Expect major announcement on reduction of fuel prices today 3 pm – Mwaura

"This will go a long way in reducing the cost of living in the country for hustlers and Kenyans at large."

image
by LINDWE DANFLOW

News14 April 2024 - 08:08

In Summary


  • Announcement will be made by the Energy and Petroleum Regulatory Agency.
  • “Truly, Kenya Kwanza led by President William Ruto is on delivering its promises. Stay tuned!” 
An attendant fuels a car/

Government Spokesperson Isaac Mwaura has said Kenyans should expect a major announcement on the reduction of fuel prices today at 3 pm.

 

“A major announcement on the reduction of fuel prices shall be made today at 3:00 pm by the Energy and Petroleum Regulatory Agency (EPRA),” he said on x. 

 

Mwaura noted that the expected reduction in fuel prices will have a ripple effect on the high cost of living which Kenyans have been decrying. 

 

“This will go a long way in reducing the cost of living in the country for hustlers and Kenyans at large,” Mwaura said. 

 

“Truly, Kenya Kwanza led by President William Ruto is on delivering its promises. Stay tuned!” 

 

The last review of fuel prices by the Energy and Petroleum Regulatory Authority (EPRA) was in mid-March. 

 

Epra reviewed fuel prices leading to a reduction of petrol pump price by Sh7.21 per litre.

 

In the Mach review, the Authority also reduced prices per litre of diesel by Sh5.09 and that of kerosene by Sh4.49.

 

In Nairobi, the price of petrol retailed at Sh199.15, diesel retailed at Sh190.38 and Kerosene at Sh188.74.

 

Super petrol retailed at Sh195.97, diesel at Sh187.21 and kerosene at Sh185.58 in Mombasa.

 

In Nakuru super petrol retailed at Sh198.21, diesel at Sh189.82 and kerosene at Sh188.21.

 

Super petrol retailed at Sh198.98, diesel at Sh190.59 and kerosene at Sh188.98 in Eldoret.

 

In Kisumu, the price of petrol retailed at Sh198.97, diesel retailed at Sh190.59 and Kerosene at Sh188.96.

 

According to Epra, the prices were inclusive of the 16 per cent Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.



logo© The Star 2024. All rights reserved