Fuel to Reduce Further in December

Fuel to Reduce Further in December

Fuel to Reduce Further in December

There will be another fuel price decrease for Kenyans in December, according to  President William Ruto’s promise. Speaking on Saturday while on a tour to Kirinyaga County, the Head of State  disclosed that, in contrast to the Ksh2 decrease announced this month by the  Energy and Petroleum Authority (EPRA), the price adjustments in December will  be substantial.

Ruto ascribed the price decline to a number of initiatives the government was  implementing to lessen the burden on Kenyans who were paying a high gas price. He admitted that the cost of life was rising due to the high prices.

The head of state clarified that the government’s efforts to further lower fuel  prices were being hampered by the fact that fuel prices were skyrocketing globally. Super Petro, Diesel, and Kerosene retail for Ksh217.36, Ksh203.47, and Ksh203.06,  respectively, at the moment.

“As you can see, we are beginning to lower the cost of petrol. There will be a considerably larger price reduction next month. Until we reach a sustainable price, that will continue to be the situation in January  as well,” he said. However, the President clarified that the government-to-government agreement with Saudi Arabia was advantageous because Kenya was  buying oil at a lower cost than other nations. He pointed out that other nations were taking a cue from him and engaging in  direct talks with other oil producers with the goal of bringing down the price of  petroleum products.

He made these comments in response to Uganda’s move to prevent Kenyan  businesses from importing oil on the country’s behalf. The businesses were charged with inflating petroleum goods in order to increase  their profits.

“The people that sell it to us do it at their own discretion. We will still speak with them and consider the price. What I can guarantee is that, in comparison to other nations, Kenya pays less for its fuel.”I am aware that things are difficult, but we must overcome them. We’re going to work to make a difference,” he said.