Fuel prices in Kenya skyrocket and Kenyans angrily responded on Twitter.
Since the budget was announced, a lot of Kenyans have been spiralling wondering what they’ll be left within their wallets. The fact is, when fuel prices go up everything else follows, food takes a hike, transport becomes pricey and basically, the whole economy suffers. Why is fuel so expensive? The rising crude costs in the global market increased and the price of imported refined fuel went up from $55.27 a barrel to $66.61 so this basically affected the market.
So, what have Kenyans been paying?
KES 127.14 per litre of diesel from Sh115.18
KES107.66. for a litre of super petrol From KES 102
Good news for Wananchi as fuel prices remain unchanged for the second month in a row despite numerous reports that the price of petrol, diesel and kerosene would go up. pic.twitter.com/Mibogdcero
Bro this one I can explain! Fuel prices depends on the following factors 1. Landing Cost today is at Ksh 43.15 per litre OMC profit of Ksh 12.39 and Kenya Government Taxes are Ksh 56.42 so if the National Assembly can force the taxes to be lower then fuel prices can go down!
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