KENYA HIKES FUEL PRICES BY 6% FOLLOWING LINGERING MIDDLE EAST TENSIONS. (PHOTO).

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 Kenya hikes fuel prices by 6% following lingering Middle East tensions Kenya raised the maximum retail prices of petrol and diesel on Wednesday, the energy regulator said, citing higher import costs linked to the conflict in the Middle East. The east African nation hiked petrol prices by 6% and diesel prices by 4.5% as it relies on the Middle East region for nearly all of its fuel supplies. A litre of diesel will cost 227.76 Kenyan shillings ($1.76) in the capital city of Nairobi, from 217.86 shillings, while kerosene will rise to 219.87 shillings from 191.38 shillings between October 15 and November 14, when new prices will be announced, TRT Afrika reported. The energy regulator said the government extended a reduction in value-added tax on fuel to 8% from 16% until January 14. Fuel prices affect multiple sectors including transport, agriculture and construction.
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NIGERIA STRENGTHENS AGRICULTURAL TIES WITH INDIA. (PHOTO).

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NIGERIA STRENGTHENS AGRICULTURAL TIES WITH INDIA


Nigeria’s Minister of Agriculture and Food Security, Sen. Abubakar Kyari has reaffirmed the country’s commitment to strengthening agricultural cooperation with India.


Speaking during a bilateral meeting with his Indian counterpart, Shivraj Singh Chouhan, in Indore, the Minister emphasized Nigeria’s dedication to honouringg existing understandings in food production and agribusiness.


The high-level discussions focused on deepening strategic partnership between the two nations, particularly in agricultural technology, crop production, and the supply of crops of mutual interest.


Minister Kyari said his ministry will actively follow up on pending Memorandums of Understanding on bilateral agricultural cooperation, which are expected to take effect soon.

 

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