Home Business State pays dealers Sh1.4 billion for frozen oil prices

State pays dealers Sh1.4 billion for frozen oil prices

fuel prices, fuel subsidy, petroleum development levy
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Business Daily | by John Mutua


Oil marketers were paid Sh1.43 billion as compensation for keeping fuel prices unchanged to defuse public outrage over a monthly review that would have pushed costs to a historic high, the Treasury has revealed.

The revelations are contained in the Supplementary budget for the year ending this month that was tabled in Parliament…

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