The Azimio La Umoja One Kenya coalition party Member, Anthony Oluoch, who serves as the Mathare constituency Member of Parliament and a strong supporter of Raila Amolo Odinga has exposed the flaws in the Energy and Petroleum Regulatory Authority.
According to Oluoch, EPRA has displayed opaqueness in the manner in which it settles on its charges for a litre of petroleum products. The tough talking lawmaker has asked the Energy and Petroleum Regulatory Authority to explain to Kenyans the formula it normally uses to calculate the charges. Oluoch, on behalf of ordinary Kenyans, intend to know the factors that the Energy body normally puts in place before deciding on a figure that suits a litre of petroleum commodities.
In Oluoch’ s view, EPRA has customized a culture of determining prices of petroleum products based on assumptions that petroleum products that are still on high seas shall be distributed all over the country. In that regard, he stated that charging fuel based on landing cost is not a wise motive. Oluoch argued that fuel prices normally shift immediately after EPRA’ s announcement and that using landing cost to calculate new prices is another scheme of extorting Kenyans.
Oluoch argued that even the fuel which is retailing above ksh 190 after the approval of 16% VAT on petroleum products was a product of the old 8% VAT. He wondered why EPRA could not wait for the old fuel to finish selling at ksh 184 and below before implementing the new charges.
He also stated that the drafters of the Finance Bill told Kenyans that some four levies went down in calculation of the 16% VAT on fuel and that its subsequent result would have been a spontaneous reduction in the cost of per litre of petroleum products. In that regard, the Mathare constituency Member of Parliament was astonished with EPRA’ s move to announce the increment in the cost of fuel.
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