Gov’t pledges fuel price reduction

The government has said it is keen to implement a slight reduction in prices of fuel when the Energy Petroleum and Regulatory Authority (EPRA) concludes its monthly price review on October 14.

Speaking on Thursday, Interior Cabinet Secretary Fred Matiangi after meeting with officials from the Kenya Power and Lightening Company (KPLC) and those drawn from the Ministry of Energy and the National Treasury said Kenyans will soon see changes in fuel prices.

“As a result of the many actions that have been taken you will see some reductions in the cost of fuel as we go forward. I mean government never makes promises in vain, we have been working on this and we have sincerely heard the cries of our citizens,” he said.

Recently, EPRA hiked pump prices by a Sh9.5 shillings average with the prices for super petrol, diesel and kerosene subsequently going up by Sh7.58, Sh7.94, and Sh12.97 per litre respectively in Nairobi.

The regulator had imposed consecutive hikes in April, May, and June after which the prices remained unchanged for two months as a result of retention of the fuel costs.

President Uhuru Kenyatta formed a Cabinet Sub Committee in February to assess the running KPLC with the aim of, among other things, coming up with solutions to permanently address the high cost of fuel in the country.

Matiangi noted that the government is fully cognizant of the challenges that Kenyans are facing owing to the increase of prices of petroleum and petroleum products and committed to providing permanent solutions.

“We live in the same country and we pay the same high bills that the rest of the Kenyans are paying but I want to assure Kenyans that the government is committed to address the issue,” he said.