Nyoro: Cut fuel prices to avert the ripple effect

Nyoro asserted that the government could cushion Kenyans by reducing fuel prices by up to Sh27 per liter..

✨ Key Highlights

Kiharu MP Ndindi Nyoro is urging the government to implement immediate measures to lower fuel prices, warning of a significant economic burden on Kenyans due to recent price hikes by EPRA.

Nyoro proposes a reduction of up to Sh27 per litre by lowering VAT, removing the Sh7 fuel levy, and adding Sh5 billion in subsidies from the Fuel Stabilisation Fund.
He criticizes the Energy and Petroleum Regulatory Authority (EPRA) for its recent price increase, with diesel rising by Sh40 and petrol by Sh28.69 per litre.
Nyoro also expresses concerns about the transparency and potential profiteering within the government-to-government (G-to-G) fuel deal.

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