Business Daily | by John Mutua
A parliamentary committee has approved regulations that will allow motorists to enjoy a diesel subsidy amid soaring fuel prices that have caused public outrage.
The National Assembly Committee on Delegated Legislation approved the Petroleum Development Levy Order, 2020 (Legal Notice No. 124 of 2020), paving the way for Parliament to pass it into law and allow motorists to get cuts on the price of diesel.
The regulations give the Petroleum Cabinet Secretary powers to cut diesel prices and cushion motorists from sharp spikes in the cost of the product…
