Ethiopia is landlocked.
It imports its oil mostly from the Gulf (Saudia & UAE), and the rest from India and Singapore.
Its oil lands in Djibouti and gets connected to a 550km Pipeline to Addis Ababa.
After all this, it lands petrol at the pump at KES 110-120 amid the current geopolitical crisis.
Kenya gets oil from the same Gulf, ships it directly to its own ports, and then a pipeline that the government mostly controls.
It then retails petrol at KES 206.
MAKE IT MAKE SENSE!
VAT on FUEL:
2022: 8%
2023: Finance Bill pushed it to 16%
2026: We have reduced VAT to 13%. See? We are cushioning you. Clap for us!
No, please!
#RejectFuelPrices