Fuel prices in the country have increased as confirmed by the regulators EPRA with the prices of Super Petrol, Diesel and Kerosene increasing by Ksh Kshs.8.19, Kshs.5.51 and Kshs 5.32 per litre respectively.
“Taking into account the weighted average cost of imported refined petroleum products, the changes in the maximum allowed petroleum pump prices in Nairobi are as follows: Super Petrol, Diesel and Kerosene increases by Kshs.8.19, Kshs.5.51 and Kshs 5.32 per litre respectively.” Said EPRA
In Nairobi, the prices of Super Petrol, Diesel and Kerosene will retail at Ksh 115.18, Kshs.101.91 and Kshs.92.44 per litre from midnight.
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“Super Petrol, Diesel and Kerosene will now retail at Kshs.115.18, Kshs.101.91 and Kshs.92.44 per litre respectively in Nairobi starting midnight.” Said EPRA
The regulator also revealed that the prices are inclusive of the 8% Value Added Tax as stipulated in the Finance Act of 2018.
“The prices are inclusive of the 8% Value Added Tax (VAT) in line with the provisions of the Finance Act 2018, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.” Said EPRA