Eldoret- Residents Refuse to Pay New Fares
A section of Bodaboda riders in Uasin Gishu County now says despite the increment of fuel prices EPRA, customers are still paying the initial prices.
According to Maina Kamau, people are now shying away from using bodaboda due to the high cost of living.
The bodaboda rider further noted that their business is not as stable as it used to be and that the increase in fuel prices will make life harder.
“We are going through a lot of challenges because the living standards and prices of basic commodities have gone up and we get a very low income. Customers prefer to board a Matatu than a bodaboda because it is cheaper” added Kamau.
This comes a few days after the prices of diesel and kerosene have gone up by Ksh.12.39 and Ksh.11.96 respectively, pushing the cost of the critical commodity to Ksh.179.67 and 173.44 respectively.
EPRA defies the High Court order to suspend the Finance Act 2023 that increases the Value Added Tax (VAT) of fuel from 8% to 16%.
The increase in fuel prices is expected to have a significant impact on the cost of living in the country with the prices of petroleum and petroleum products expected to go up.
The rate of inflation is expected to go up as a result of increased prices of fuel.
The petition tabled by Busia Senator Okiya Omtatah challenging the Finance Act, 2023 seeking to have some sections of the law purged is expected to be heard in the High Court on 5th July 2023.
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