Fuel prices will remain unchanged for the next one month after President Uhuru Kenyatta’s intervention that allowed the release of Sh16.68 billion for the subsidy program.
EPRA confirmed that the government had released Sh16.675 billion subsidy to further cushion Kenyans from the high fuel prices.
That means that a litre of petrol in Nairobi will continue retailing at Sh159.12, diesel Sh140.00 and kerosene Sh127.94.
“Without such State interventions, the pump prices would have been Sh193.64 for diesel, Sh209.95 for petrol and Sh181.13 for kerosene,” State House Spokesperson Kanze Dena-Mararo said in a statement on Thursday.
“It is notified that His Excellency the President has today authorized an additional fuel subsidy of Ksh16.675 billion, so as to cushion Kenyans from a further increase in fuel prices,” read the state House statement in part.