Ruto Finally Takes Action After Fuel Price Spike
President William Ruto has announced sweeping measures aimed at cushioning Kenyans following a sharp increase in fuel prices that has sparked public concern across the country.
The latest review by the Energy and Petroleum Regulatory Authority (EPRA) saw pump prices rise significantly, with diesel recording the highest jump of over KSh40 per litre.
The regulator attributed the increase to global market dynamics, including ongoing tensions in the Middle East that have disrupted supply chains and driven up the cost of crude oil.
In response, President Ruto has directed the reduction of fuel importation tax from 16 percent to 8 percent, alongside the introduction of a KSh6.5 billion subsidy.
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The move is expected to ease the burden on consumers and stabilize fuel prices in the coming weeks.
Speaking during a development tour in Kisii County, the Head of State defended the government’s efforts, noting that Kenya’s fuel prices remain relatively competitive compared to other countries facing similar global pressures.
He urged citizens to remain patient as the government works to shield the economy from external shocks.
“We understand the difficulties Kenyans are facing, especially those relying on diesel for transport and business. That is why we have taken decisive action to reduce the cost burden,” Ruto said.
The increase in fuel prices has had a ripple effect on the cost of living, pushing up transport fares and commodity prices.
Stakeholders across various sectors have welcomed the government’s intervention but called for long-term solutions to reduce reliance on imports.
As global oil markets remain volatile, Kenyans will be watching closely to see whether the latest measures bring the much-needed relief at the pump.
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