It pains me to note that the removal of crude oil has been effected, but the price of fuel has been hiked. However, my observation on this act is as follows:-
They have removed duty on crude import to increase the margin for Winter Kabimba’s Midlands Energy which currently is the company importing the same, and denying government of revenue that was being realised and monitored through the control 99 account. To compensate the effect, they removed subsidies, and in the process harming the poor consumer. So, this is purely more money in their pockets.
Find attached the same SI that was signed on 3rd of May, 2013 by the Finance Minister.
Hope this will be published so that citizens can have an idea of what is causing untold misery they are currently facing and more to come.