Kenyans Kenyans will have to dig deeper into their pockets after the Energy Petroleum Regulatory Authority (EPRA) has increased the prices of fuel in the country.
For the review period from September 15 to October 14, prices of petrol, diesel and kerosene have surged by Ksh16.96, Ksh21.32 and Ksh33.13 per litre respectively.
As a result a litre of petrol, diesel and kerosene will retail at Ksh211.64, Ksh200.99 and Ksh202.61 respectively in the capital city, Nairobi.
EPRA has attributed the new fuel prices to an increase in the weighted average cost of imported petroleum products.
“The average landed cost of imported Super Petrol increased by 4.80 per cent from US$739.21 per cubic metre in July 2023 to US$774.67 per cubic metre in August 2023; Diesel increased by 12.52 per cent from US$701.99 per cubic metre to US$789.89 per cubic metre while Kerosene increased by 19.79 per cent from US$690.58 per cubic metre to US$827.26 per cubic metre,” stated EPRA.
“The prices are inclusive of the 16 per cent Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020,” added EPRA.
Read: Government Cushions Kenyans From High Cost Of Fuel With Subsidies
In Mombasa, the commodity will retail at Ksh208.58, Ksh197.93 and Ksh199.54 per litre for petrol, diesel and kerosene respectively.
Motorists in the lakeside city of Kisumu will pay Ksh211.40, Ksh201.16 and Ksh202.77 for a litre of petrol, diesel and kerosene respectively.
Those in Nyeri will pay Ksh213.12 per litre of petrol, Ksh202.47 per litre of diesel and Ksh204.08 per litre of Kersone whereas those in Eldoret will pay Ksh211.40, Ksh201.17 and Ksh202.77 for a litre of petrol, diesel and kerosene respectively.
Read: Epra Hikes Fuel Prices By Ksh5 For Petrol, Diesel
Those in Eldas, Wajir county will pay the highest for the commodity as petrol, diesel and kerosene will retail at Ksh223.50, Ksh212.84 and Ksh214.45 per litre.
This is the highest the fuel prices have hit in the country even as Kenyans are grappling with the high cost of living.
As a result, fare prices are likely to be hiked and the increase in prices at the pump may also trigger a rise in the prices of other commodities in the country.