Kenyans are set to pay more for fuel as the Energy and Petroleum Regulatory Authority (EPRA) moves to include the additional 8% value-added tax (VAT) on the products.
According to a public notice by EPRA, the new prices will be effective starting this week.
This is after President William Ruto ascended the 2023 Finance Bill that recommended VAT on petroleum products be increased to 16 percent from the current 8 per cent.
“Following the enactment into law of the finance Act 2023, we will on Friday announce reviewed maximum petroleum pump prices,” EPRA said.
Currently, a liter of petrol retails at Kes182.7 in Nairobi, Diesel at Kes168.4, and kerosene at Kes161.13.
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