OMONDI: Current pricing of fuel hurting far-flung counties - News Summed Up

OMONDI: Current pricing of fuel hurting far-flung counties


Magazines Current pricing of fuel hurting far-flung countiesRed Cross staff offload food aid in Turkana. Well, petroleum pump price is a function of a number of factors, among them depot losses and transport charges from sea port jetty. Because of ripple effects, the state has been controlling its price for close to a decade now. An average Mombasa resident is also materially well-off compared to a counterpart in Wajir, Turkana or Garissa. That make’s ERC’s fuel pricing formula somewhat regressive, one that is punitive to low income earners but rewarding to rich counties.


Source: The North Africa Journal April 18, 2017 20:03 UTC



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