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MPs start probe on how regulator sets fuel prices

fuel prices, fuel subsidy, petroleum development levy
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Business Daily | by Edwin Mutai


Parliament has opened an inquiry into the pricing model of petroleum products by the energy regulator following public uproar over the steep rise in the cost of petrol.

A joint committee of the National Assembly has been directed to commence a probe into the activities of the Energy and Petroleum Regulatory Authority (Epra) in setting the monthly fuel prices. The committee has 30 days to report back to the House.

Speaker Justin Muturi directed the committees on Energy and that of Delegated Legislation to jointly deal with…

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