A slight reduction in pump prices announced by Energy and Water Utilities Regulatory Authority recently has led to an increase in the number of customers purchasing the products.
Prices for diesel and petrol in Iringa Municipality have fallen by between 9-67/- per litre while kerosene rose by 100/-.
In a random survey by The Guardian last week, petrol and diesel prices had dropped with Hope Service Station’s Marketing Manager, Kassim Nyalusi said the drop in petrol and diesel prices has led to an increase in the number of customers. Nyalusi said the fall in prices has seen many farmers buying diesel to fuel tractors and other equipments as the growing season begins has started.
“Farmers are buying in bulks because they want to benefit from the price reduction,” Nyalusi said adding that some of the fuel is kept in stock for use in future when prices increase. One of the clients found at Hope Service Station, David Mduma who is a ‘Bodaboda’ taxi-operator, expressed joy that decline in fuel is helping them reduce fares charged on riders.
“This allows people to save hence improve their standard of living,” Mduma said while commending Ewura for the move. He said an increase in fuel prices, the cost of living escalates which burdens the majority low income bracket people.
Mduma’s observation was backed by ‘Daladala’ driver in the municipality, Hamisi Mwenda who said lowering pump prices for petroleum products benefits the majority poor people. Mwenda whose commuter bus plies between Iringa Urban and Mangawa , said he is happy with the decision as it means value for money. “Let’s hope that this price reduction will last longer to keep fares stagnant,” he suggested.