HomeBusinessAtwoli hints at hike in goods from tommorrow

Atwoli hints at hike in goods from tommorrow

The Central Organizations of Trade Union (COTU) Secretary General Francis Atwoli has told Kenyans to prepare for tough times ahead after fuel prices were reviewed upwards.

The COTU boss’ warning came after the Energy and Petroleum Regulatory Authority (EPRA) announced new fuel prices set to take effect from Monday, February 15, 2021.

Atwoli wrote a letter dated Sunday, February 14, condemning and expressing his displeasure at the manner in which the regulatory body has been hiking fuel prices arbitrarily.

He argued that the marginal rise in fuel prices was likely to affect the prices of goods as early as Monday.

He also argued that the high fuel prices were unfair to Kenya Citizens, especially at a time when most of them are grappling to make ends meet owing to the Covid-19 pandemic.

“COTU does strongly condemn the move by the Energy and Petroleum  Regulatory Authority (EPRA)for its resolution to adjust prices of petroleum products at a time many citizens are facing the most difficult moments in their lives due to Covid-19 pandemic that has hit the country,” Atwoli said.

According to Atwoli, the affected sectors include transport as well as basic commodities and called on the President to intervene.

He further noted that the union is afraid that cartels have since taken over the oil industry and unless deliberate efforts are made to reverse this trend that has now become the hallmark of EPRA, leading to the closure of businesses, workers losing their livelihoods, adding that more Kenyans will further be confined into abject poverty and run out of options.

On Sunday, February 14, 2021, EPRA announced new fuel prices marking a significant rise in the cost.

Petrol, Diesel and Kerosene increases by Sh8.19, Sh5.51 and Sh5.32 per litre respectively.

The new fuel prices in Nairobi are as follows; Diesel Sh101.91, Petrol Sh115.18 and Kerosene at Sh92.44 per litre.

Related news

Trending