Relief for Kenyans as EPRA announces reduced fuel prices

In July, Energy and Petroleum Cabinet Secretary Opiyo Wandayi announced that the government has extended the eight per cent VAT relief, down from 16 per cent, for another three months, which is expected to expire in October 14.“In the period under review, the maximum allowed petroleum pump prices for diesel decreases by Sh5/litre while the price of super petrol and kerosene remain unchanged due to additional government stabilisation support measures of Sh938 million,” said EPRA Acting Director General Dr Eng Joseph Oketch.

The current prices are less of eight per cent Value Added Tax (VAT), which is part of the relief the government extended to industry players amid challenges of imports due to the conflict between the United States and Iran.