Fear Spreads as Cost of Fuel Rises Drastically High

Fear Spreads as Cost of Fuel Rises Drastically High

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As of today, 15 March 2021, the Super petrol prices have shot up to Ksh.122.81 in Nairobi. The rise in fuel prices applies to the entire country for the next 30 days. The price went up due to the increase of the average landed cost of imported Super Petrol. Diesel and Kerosene will retail at Ksh.107.66 and Ksh.97.85 in Nairobi.

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Press Release Extract from EPRA

For businesses this fuel price increase, means a rise in the cost of production as well as delivery of goods for the next 30 days. This implies a change in prices of most commodities. The cost of living is set to go higher.

With most families in Kenya already struggling, these fuel prices come at a very trying time. Meanwhile the politicians and leaders of ODM have decided to place EPRA in the spotlight. This is in effort to place pressure on the body to lower the prices, saying it is unbearable!

Kenyans online, on the other hand have taken to social media to not only lament this increase but some also blame the leaders for complaining and doing nothing. Some are asking the government why it can’t subsidize the fuel price altogether.

EPRA responded with a press release earlier today clarifying the costs of fuel. Whether, the prices will go back down soon is yet to be seen, but for now the prices remain as they were announced two days ago.

What are your thoughts on this fuel price increase? Share your thoughts with us in the comment section below. If you want to read on some shocking facts from this year’s Forbes billionaire list click here.

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