Epra Slashes Fuel Prices by Up To Sh18
The Energy and Petroleum Regulatory Authority (EPRA) on Sunday, April 14 released the fuel prices for April to May 14.
In a statement, EPRA announced that the pump prices of Super Petrol, Diesel, and Kerosene had been reduced by Ksh5.31 per liter, Ksh10.00 per liter, and Ksh18.68 per liter respectively.
“The prices are inclusive of the 16% 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,” read part of the statement.
With the new prices, Nairobi motorists will pay Ksh193.84 for a liter of petrol, Ksh180.38 for a liter of diesel, and Ksh170.06 for a liter of kerosene.
Motorists in Mombasa will part with Ksh190.66, Ksh177.21, and Ksh166.99 for Super Petrol, Diesel, and Kerosene respectively.
Meanwhile, in Nakuru, drivers will pay Ksh192.90 for petrol, Ksh179.82 for diesel, and Ksh169.56 for Kerosene. Those in Eldoret will pay Ksh193.67, Ksh180.59, and Ksh170.32 for petrol, diesel, and kerosene respectively.
ALSO READ:
- How not to make a mistake when choosing the best bookmaker in Kenya
- Understanding Gatwiri’s Cause of Death: Unraveling Positional Asphyxiation
- KRA Rules Out Tax Relief on SHIF Deductions
- Understanding Why Married Women Cheat: Common Reasons Behind Infidelity
- Violence Erupts in Mozambique: Three Killed, 66 Injured in Protests Over Disputed Election
On the other hand, motorists in cities such as Kisumu will now be charged Ksh193.66 for petrol, Ksh180.59 for diesel, and Ksh170.31.
After this review, a few areas will be charged over Ksh200 for a litre of petrol. These are Nakalale (Ksh201.06), Lokichogio (Ksh201.14), Lokitaung (Ksh202.07), Korr (Ksh200.27), Turbi (Ksh202.26), Loyangalani (Ksh202.46), Kalacha (Ksh202.40), Maikona (Ksh201.81) and North Horr (Ksh203.30).
Others are Hadado (Ksh201), Bute (Ksh202.51), Eldas (Ksh205,69), Mandera (Ksh207.84), Modogashe (Ksh201.84), Wajir (Ksh203.78), Elwak (Ksh205.34), Tarbaj (Ksh203.62), Habaswein (Ksh201.21), Sololo (Ksh202.95), Moyale (Ksh203.97), Liboi (Ksh201.29) and Marsabit (Ksh202.27),
“The average landed cost for imported Super Petrol increased by 4.86% from USD703.49 per cubic metre in February 2024 USD737.69 per cubic metre in March 2024, Diesel increased by 0.003% from USD722.49 per cubic metre to USD722.51 per cubic metre while Kerosene decreased by 0.69% from USD730.35 per cubic metre to USD725.31 per cubic metre,” read the statement from EPRA Director General Daniel Kiptoo.
Kiptoo assured Kenyans that EPRA was committed to observing fair competition and protection of their interests alongside those of investors in the energy and petroleum sectors.
The announcement came hours after President William Ruto announced that fuel would decrease by Ksh10 in this review. Earlier the Government Spokesperson Isaac Mwaura revealed that the fuel prices would be reduced from the previous Ksh199.15, Ksh190.38 and Ksh188.74 for petrol, diesel and kerosene respectively.
Epra Slashes Fuel Prices by Up To Sh18
