Petrol Rises By Sh7, As Fuel Prices Hit New Highs

Petrol prices have increased by Ksh.7.63, diesel by Ksh.5.75 and kerosene by Ksh.5.41

In the new pump prices, a litre of petrol will cost Ksh122.81 in Nairobi, diesel Ksh107.66, kerosene Ksh97.85.

"In accordance with Section 101(y) of the Petroleum Act 2019, Legal Notice No.196 of 2010 and Legal Notice No. 26 of 2012,

@EPRA_Ke has calculated the maximum wholesale and retail prices of petroleum products, which will be in force from 15th March 2021 to 14th April 2021," EPRA's statement read.

"The prices are inclusive of the 8% Value Added Tax (VAT) in line with the provisions of the Finance Act 2018, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020," it continued.

COTU boss Francis Atwoli condemned the new prices noting that the cost of living is bound to increase which will affect the struggling mwananchi.

"As @COTU_K, WE condemn the outrageous and insensitive action by @EPRA_Ke to increase the cost of fuel. This will have a domino effect on the cost of living in Kenya with transportation and prices of goods going up. We demand that the concerned minister intervenes IMMEDIATELY," Atwoli said.