The government has maintained pump prices for the month ending April 14 even as it raised fuel subsidies by up to 2.4 times, passing on the burden of the new charges to taxpayers.
The Energy and Petroleum Regulatory Authority (Epra) on Friday extended retail fuel prices for the month ending March 14 to be effective between March 15 and April 14. At the same time, it increased subsidies to offset a 23 percent increase in margins for oil marketers.
