Petrol Station Owners Warn of Fresh Price Hike
The owners slammed the government for insisting on VAT on fuel products, yet there is no evidence of any value addition that the government does to the products, as they come when they are already refined and ready for use...
✨ Key Highlights
The Petroleum Outlets Association of Kenya (PAOK) has criticized the government's VAT reduction on fuel, warning it will not provide lasting relief and could lead to future price hikes.
- PAOK Chairperson Martin Chomba stated the government's efforts are insufficient due to unresolved structural issues in fuel procurement and distribution.
- The association highlighted that only Ksh6.2 billion of the intended Ksh17 billion from the Petroleum Development Levy (PDL) Fund was used to stabilize prices.
- Chomba argued that past policy decisions, which weakened the National Oil Corporation (NOC), are the root cause of Kenya's inability to manage fuel imports and pricing effectively.
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Petrol Station Owners Warn of Fresh Price Hike - April 2026
The Petroleum Outlets Association of Kenya (PAOK) has criticized the government's VAT reduction on fuel, warning it will not provide lasting relief and could lead to future price hikes. The International Monetary Fund (IMF) has lowered its growth forecast for Kenya and Sub-Saharan Africa due to rising fuel costs and economic uncertainty triggered by the Middle East conflict. Kenya's Energy and Petroleum Regulatory Authority (EPRA) hosted a delegation from Brazil's energy regulator ANEEL for a benchmarking visit focused on regulatory cooperation and clean energy transition, while also urging greater regional collaboration among African nations to reduce electricity costs.
