Hidden margins in fuel import agreement

DNCOASTFUELSHIP1304E

A vessel offloads fuel at the Kipevu Oil Terminal. Anxiety rises over potential fuel shortage amid thinning supplies following Middle East war.

Photo credit: File | Nation Media Group

There is a number buried in Kenya's fuel import scandal that has received far less attention than it deserves. It is Sh58,744 — the difference, per metric ton, between petroleum imported through the government-to-government arrangement and petroleum brought in outside it through the now-notorious MV Paloma cargo.

Spread across a litre of fuel, that gap works out to Sh43.40. Multiplied across 60,000 metric tons, it represents a sum so large it strains ordinary comprehension.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.