President William Ruto has announced that taxes on cooking gas will be removed to reduce the cost of living for Kenyans. The president made the announcement during his visit to Mombasa where he launched the Taifa Gas terminal at Dongo Kundu.
Taifa Gas, Tanzania’s biggest gas dealer was licensed by Kenyan government to set up gas plant and storage facilities at a site in Dongo Kundu near the port of Mombasa.
The president praised the launch of Taifa Gas as a historic milestone towards achieving self-sufficiency in clean green energy, which is critical to Kenya’s commitment to deliver rapid socioeconomic transformation.
Taifa Gas provides a range of LPG solutions to its customers, including bulk gas supply to industrial and commercial customers, cylinder gas supply to households and small businesses, and autogas supply for vehicles.
In his speech, the President believes that eliminating taxes on cooking gas will make it more affordable and accessible to the millions of Kenyans who rely on it for cooking.
LPG prices have hit new highs, with the 13kg cylinder refilling at an average price of ksh2760 in Nairobi while the 6kg is refilling at an average of KSh1390.
Taxes levied on imported gas cylinders and accessories are one of the main reasons for the high cost of cooking gas in Kenya. The government imposes a high tax rate of VAT on liquefied petroleum gas (LPG), which makes the gas more expensive.
President Ruto also pledged to invest in renewable energy sources such as solar, wind, and geothermal to meet the growing demand for electricity in the country.
He stated that Kenya has abundant natural resources that can be harnessed to generate green and sustainable power. The president aims to make Kenya’s electric power grid 100% green by 2030.
Do you have any story or press releases you want to share? Send tips to email@example.com.