Another Rise in Fuel Price

[205victor]

It is reported that petrol prices did increase for the second month in a row after Energy Regulatory Commission did announce the new prices on Monday.

Motorists will now pay 121.13 shillings for a liter of Super petrol which is 2.63 shillings from previous price and that of kerosene will hike by 0.72 shillings per a liter. That of diesel is said to have decreased by 0.36 shillings per liter.

The Director-General of ERC Kaburu Mwirichia blames the new prices on the depreciation of the shilling and increase on import costs.

Mr Mwirichia has it that the monthly exchange rate deteriorated to 83.24 shillings for each USD in April while in March 82.82 shillings marginally.

[lynkez]

The cost or price of fuel is nowadays unpredictable for the fluctuations seem to be so often. I don’t know what will happen if the shilling value deteriorated still. However, we hope the fuel discovered at Ngamia-1in Turkana will have great relieve to the country after full certification for consumption. The government should then discourage any exports so that the economy is improved.