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Roads levy pushes petroleum prices to eleven-month high
An attendant fuels a car at a Total petrol station in Nyeri town. PHOTO | FILE
Petroleum prices rose to an 11-month high beginning Friday morning buoyed by the coming into effect of the Sh6 road maintenance levy that Treasury secretary Henry Rotich added to the product cost in his June budget.
The cost of diesel, which is mainly used to power trucks, buses and industrial machinery, increased by the highest margin of Sh9.53 to Sh83.24 a litre in Nairobi — the highest level since August last year.