The Energy Regulatory and Petroleum Authority (EPRA) has announced that the price of super petrol and diesel will all drop by Sh5 per litre while that of Kerosene will reduce by Sh7.28 per litre from midnight.
In a statement issued on Thursday, EPRA said that the new price is inclusive of the of the 8% value added tax (VAT) in line with the provision of the Finance act of 2018, the Tax Laws (Amendment) act 2020 and the revised rates for excise duty.
“The maximum allowed petroleum pump prices in Nairobi for super Petrol and Diesel decrease by Sh.5.00 per liter while that of Kerosene decrease by Sh7.28 per litre” reads the statement in part.
