Audio By Carbonatix
Kenyans are expressing their anger over fuel price hikes announced on Sunday in the latest adjustment by the energy regulator.
The price of fuel in the country is determined by a government authority, which sets the maximum prices of each type of fuel.
In computing the retail price, the Energy and Petroleum Regulatory Authority (Epra) includes factors such as in the landed cost of the fuel (the cost when it is shipped into the country), the distributors and marketers' profit margins and a number of taxes.
At the current cost of 122.81 shillings ($1.2; £0.8) per litre of petrol in Nairobi, the landed cost is 49.84 shillings, with most of the other costs (57.33 shillings) taken up by taxes and other levies.
Some Kenyans are criticising the government for the high amount of taxes:
Caleb Kositany – MP, Soy: The gov’t is not sitting down and planning properly. Of the Ksh.122 that goes to fuel, the gov’t takes about Ksh.40/50 of taxes here and there. The best thing is for gov’t to reduce the taxes it takes#DayBreak | @SamGituku pic.twitter.com/9VIGn0cgtE
— Citizen TV Kenya (@citizentvkenya) March 15, 2021
High fuel costs contribute to a higher cost of living in the country, as the economy relies largely on diesel for power generation and transport.
A politician has used the rise in fuel prices to rally against the amendment of the constitution in an upcoming referendum expected later this year:
Taxes are a major component of fuel prices.With BBi proposing an expanded parliament comprised of about 600 members,taxes will rise,and fuel prices rise further.China,a country of 1.4B, has 2000 MPs.Kenya will have 600 Mps,a country of 45M. pic.twitter.com/VyRTMg5qMe
— Irungu Kang'ata (@HonKangata) March 15, 2021
Latest Stories
-
Nigerian imam honoured for saving Christian lives dies aged 90
56 minutes -
What a seventh term for 81-year-old leader means for Uganda
1 hour -
AFCON: ‘Shameful’ and ‘terrible look’ – the chaos that marred Senegal’s triumph
1 hour -
Rashford scores but Barca lose to 10-man Sociedad
2 hours -
Diaz will ‘have nightmares’ over ‘Panenka’ failure
2 hours -
Tragic death of Chimamanda Adichie’s young son pushes Nigeria to act on health sector failings
2 hours -
‘I want to show the world what Africa is’: YouTube star brings joy and tears on tour
2 hours -
‘An ambassador for African football’ – Mane is Senegal’s Afcon hero
2 hours -
‘Europe won’t be blackmailed,’ Danish PM says in wake of Trump Greenland threats
4 hours -
Three admit £70m tree planting pension fraud in UK
5 hours -
How crypto criminals stole $700m from people – often using age-old tricks
5 hours -
Construction emissions pose rising climate risk, Scientists Say
5 hours -
At least 21 killed in Spain after crash involving high-speed trains
5 hours -
EU weighs response to Trump’s tariff threat over Greenland
5 hours -
Starmer holds phone call with Trump over Greenland tariff threat
6 hours
