Relief for Kenyans as EPRA announces reduction in petrol prices.
Written by Zenna Issa on March 14, 2024
Today Kenyans get something to smile about in between these stressful and hardship days.
The Energy Petroleum Regulatory Authority (EPRA) has announced a reduction in the prices of Super Petrol, Diesel, and Kerosene in its latest monthly price review.
According to a statement that was issued today the 14th of Thursday 2024, prices for Super Petrol will decrease by Ksh.7.21, Diesel by Ksh.5.09 and Kerosene by Ksh 4.49.
Following the review, a litre of petrol in Nairobi will retail at Ksh.199.15, diesel at Ksh.190.38 and Kerosene at Ksh.188.74.
The new prices take effect from midnight, March 15th to April 14, 2024.
“The prices are inclusive of the 16% 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,” said EPRA in the statement.
It has now become a trend that oil prices rise or drop on the eve of the 15th day of the month. Since the year started it has been a safe cloud for Kenyans as each month has a drop in the current prices.
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