Governors call for review of fuel levy - News Summed Up
Governors call for review of fuel levy

Governors call for review of fuel levy

September 04, 2018 14:48 UTC

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Governors call for review of fuel levy


This would adversely affect the country’s development plans, according to Council of Governors chairman Josphat Nanok. He said the National government should carefully assess the impact of its action saying: “service delivery in the counties will be affected. Mr Nanok, who is the Turkana governor, said the planned tax imposition would mean the tax burden weighs even heavier on fuel prices triggering a rise in prices of basic commodities and transport. An increase in fuel prices will join a growing list of taxes that experts have warned could hit investments and lead to loss of jobs. The high prices for petroleum products is also likely to increase smuggling of the products offering cheaper prices and consequently negatively affecting the attainment of the Big Four Agenda.


Source: Daily Nation September 04, 2018 14:48 UTC



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