Petrol to hit record high minus subsidy
Wednesday July 14 2021
By BRIAN NGUGI
Summary
Estimates from the Energy ministry indicate that the price of petrol will increase by at least Sh3 a litre in the absence of a subsidy, pushing the cost of the commodity to Sh130 in Nairobi which will be the highest in Kenya’s history.
But the State has over the past three months offered consumers of diesel and kerosene a subsidy, with motorists on petrol enjoying the benefit in the April review.
It offered a petrol subsidy of Sh4.40 a litre in April and has in the past three months spent Sh13.22 on kerosene and Sh7.28 on diesel.
Rethink pricing model to make fuel affordable
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Parliament to probe watchdog over high fuel pricing
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
State dilemma deepens on global oil price rally
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Budget 2021-22: revving up the economy
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.