
Kiharu Member of Parliament Ndindi Nyoro has outlined a method for President William Ruto's government to reduce fuel prices by KSh 27. Speaking on Wednesday, April 15, Nyoro criticized the recent increase in super petrol by KSh 28.69 per litre and diesel by KSh 40.30 per litre. He noted that with a monthly fuel consumption of approximately 400 million litres, the government should review pricing criteria. Nyoro's proposal includes removing the KSh 7 fuel levy added in 2024, reducing VAT by an additional 5% to save KSh 8 per litre, and utilizing KSh 5 billion from the Fuel Stabilisation Fund for a KSh 12 per litre reduction. He stated that these measures would collectively reduce fuel prices by KSh 27, arguing that Kenyans are demanding the reinstatement of tax and levy levels from before 2023.
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This summary was AI-generated from a story originally published by Tuko.