Business Daily | by Edwin Mutai
Parliament Thursday delayed a verdict on diesel fuel subsidy that has seen the State collect Sh5.40 on every litre from last July.
The National Assembly’s committee on Delegated Legislation now has 21 days more to determine the fate of the Petroleum Development Levy Order, 2020 (Legal Notice No. 124 of 2020).
The order gives Petroleum Cabinet Secretary powers to cut fuel prices, cushioning motorists from sharp spikes in the cost of the product when crude oil crosses $50 (Sh5,420.40) per barrel…
