Home Business Epra defends itself over fuel price hike, blames formula

Epra defends itself over fuel price hike, blames formula

fuel prices, fuel subsidy, petroleum development levy
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Nation | by Paul Wafula


The energy regulator has come out to defend itself following a public uproar resulting from the latest shocking increase in fuel prices.

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…

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