Kenya: Museveni Says Ban On Petroleum Purchases From Kenya Due to Inflated Prices By Middlemen

6 November 2023
Capital FM (Nairobi)

Nairobi — Uganda President Yoweri Museveni now says the decision to ban fuel purchases from Kenya was due to inflated prices by middlemen by up to 59 percent thus causing avoidable pain on consumers.

In a statement on his X account Museveni explained that a sizeable amount of the 2 billion dollars paid for the 2.5 billion litres of petroleum it imports consists of inflated fees by middlemen.

"Without my knowledge, our wonderful People, were buying this huge quantity of petroleum products from middlemen in Kenya. A whole country buying from middlemen in Kenya or anywhere else!! Amazing but true," he stated.

"Why not buy from the Refineries abroad and transport through Kenya and Tanzania, cutting out the cost created by middlemen? Those involved were not bothered by these issues."

Read the original article on Capital FM.

Tagged:
Copyright © 2023 Capital FM. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.