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MPs call for review of fuel price formula

A car fuel at Rubis Petrol Station along Gitanga road in Lavington, Nairobi [Boniface Okendo, Standard]

Lawmakers have ordered a review of the pricing formula to lower fuel prices.

In a report tabled in the House yesterday, the Finance and National Planning Committee directed the Petroleum ministry and the Energy and Petroleum Regulatory Authority (Epra) to ensure every parameter in the formula is accounted for.

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