Government urged to deal with cartels behind fuel shortage - Capital Business
Connect with us

Hi, what are you looking for?

Courtesy

Energy

Government urged to deal with cartels behind fuel shortage

KISUMU, Kenya, April 3 – The government has been challenged to deal firmly with cartels in the energy sector, causing artificial shortage of oil, so as to have petrol prices increased.

Ugenya Member of Parliament, David Ochieng, said it was high time that  Parliament, the Directorate of Criminal Investigations and the Competition Authority of Kenya took up the matter and save Kenyans from the current fuel crisis.

Speaking in Ugenya, Ochieng who presided over the distribution of maize seeds to his constituents, said the country had enough stock of fuel, but cartels had colluded to cause artificial shortage.

“I want to request Parliament, Directorate of criminal investigations and the Competition Authority of Kenya that we must kick-out the cartels denying Kenyans freedom to go about their daily businesses because they are hoarding fuel so that they may increase prices,” said the MP, who is also the Party Leader of the Movement for Development and Growth.

Ochieng said Kenyans will not accept to be fleeced by the cartels, adding that he will take up the matter in Parliament, to have key petroleum players summoned for questioning.

The Legislator called on the Competition Authority to cancel the licenses of fuel vendors hoarding the commodity.

“We must single them out, ensure that we know who is hoarding fuel and revoke and withdraw their licenses,” said the MP.

Ochieng’s statement comes in the wake of a biting fuel shortage in various parts of the country, with long queues of potential buyers being reported in Siaya and Bondo.

The few petrol stations that had the commodity in Siaya County were restricting motorists to a maximum of fuel worth Sh1,500.

Visited 6 times, 1 visit(s) today

More on Capital Business

Kenya

EU Ambassador to Kenya Henriette Geiger said the programme demonstrates the impact of partnerships between governments, development agencies and the private sector.

Kenya

Under the revised prices, the cost of a litre of diesel has been reduced by Sh10 to Sh222.86 from Sh232.86, while super petrol has...

Kenya

The project comprises a 98-kilometre double-circuit 400kV transmission line connecting Isinya and Konza, alongside a modern 400/132/66kV substation fitted with two 400/132kV, 350MVA transformers...

World

The Tesla and SpaceX founder comfortably cemented his status as the world's richest man, with his total net worth standing at $1.11tn (£828bn) according...

Kenya

Deloitte East Africa Tax and Legal Partner Lilian Kubebea noted that the proposed tax measures signal a policy direction focused on revenue resilience, technology-driven...

Kenya

The firm said a further 464 housing units are currently under construction in Kenya and are expected to be completed in 2026 and 2027,...

Corporate

NAIROBI, Kenya, June 13 – Jubilee Holdings is betting on retail expansion across East Africa, with the insurer identifying gig economy workers, SMEs, women...

Kenya

The request follows a case involving Bosnian aid worker Zlatko Gegic, who was deported in February 2023 after being declared a prohibited immigrant over...