Home East Africa Kenya Kenya: Ndindi Nyoro Urges VAT Cuts, Levy Removal to Lower Fuel Prices

Kenya: Ndindi Nyoro Urges VAT Cuts, Levy Removal to Lower Fuel Prices

Kenya: Ndindi Nyoro Urges VAT Cuts, Levy Removal to Lower Fuel Prices

Under the latest monthly review published on Thursday, super petrol prices rose by Sh16.65 per litre while diesel jumped by Sh46.29, pushing retail prices in Nairobi to Sh214.25 for petrol and Sh242.92 for diesel.

Speaking in Nairobi on Friday, the Kiharu MP warned that failure to contain the fuel price spike would trigger severe inflationary pressures and hurt the economy “to the tune of hundreds of billions.”

“We spend a little more money in terms of waivers and subsidies, and then we protect…

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