Like Nigeria, Kenya battles fuel hike | Dailytrust

Like Nigeria, Kenya battles fuel hike

The Energy and Petroleum Regulatory Authority (EPRA) of Kenya has defended itself following a public uproar resulting from the latest shocking increase in fuel prices. This is just as Nigerians are battling effects of several petrol price hikes as well as fuel scarcity amidst speculations of another hike.

According to Kenya’s The Nation newspaper on Tuesday, the hike has seen the price of petrol shoot above the Sh120 mark per litre, pushing it to nine-year high at a time when Kenyans are grappling with the effects of the Covid-19 pandemic amid a third wave.

This has put pressure on the Energy and Petroleum Regulatory Authority (Epra), which is legally mandated to announce monthly fuel price reviews, with demands to reverse the shocking increments and to suspend the new prices.

EPRA said pricing of petroleum in Kenya is undertaken in accordance with the Energy (Petroleum Pricing) Regulations, 2010, adding that the country imports refined petroleum products for local consumption.

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
1017257739
Media Trust Ltd


Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let me know.

Inquiries:
Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410