WAIT, THIS IS NOTHING YET
In case we forgot,
Government is still subsidising fuel in form of Tax Waivers.
The latest fuel hike does not take into account the tax waiver in the form of (VAT, Excise Duty and Import Duty) which we are still enjoying up to the next 2 months.
Now think of what will happen to the fuel prices after the Tax Waiver is removed?
What happened to the removal of the so called Middle Men and the Corruption from the fuel procurement chain?
Let’s brace ourselves for the worst.
Antonio Mourinho Mwanza