John Adoyi
Kenya’s president, William Ruto, on Saturday, allayed citizens’ fears of high pump price of fuel during the holiday season.
He announced that there would be significant drop in fuel price in December.
Join our WhatsApp ChannelPresident Ruto stated that when he came into office, there was fuel shortage in the country but noted that government had closely monitored global market trends. Consequently, efforts were made to collaborate with certain oil-producing nations like Saudi Arabia, leading to an agreement designed to benefit consumers at the fuel pump despite rising global prices.
At present, per litre prices of Petro, Diesel and Kerosene stand at Ksh217.36 (1,203.22 Naira), Ksh203.47 (1,127.89 Naira) and Ksh203.06 (1,125.62 Naira) respectively.
“Even though the price is rising all over the world, we are following it and we have looked for a way so that the price does not exceed the point where many Kenyans will be hurt. You have seen that from this month the price has started to go down,” Ruto stated.
“Next month it will go down more, and the next month the same… until we make sure we can run our economy as it should.” The president explained.
The announcement of a decrease in petrol prices coincides with accusations from Raila Odinga, the leader of the opposition party, claiming fraud in the government-to-government (G2G) oil agreement between Kenya and Middle-East oil producers. President Ruto countered the claim, explaining that the government only helps with money for importing oil. He highlighted the transparency of the G2G arrangement with Saudi Arabia and dismissed Raila’s claims as unfounded.
- John Adoyi
- John Adoyi
- John Adoyi
