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Home Country Kenya

Kenya fuel prices have risen to a record high

Staff Editor by Staff Editor
September 15, 2022
in Kenya, News
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Kenya fuel prices have risen to a record high

Kenya fuel prices have risen to a record high

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The cost of fuel in Kenya has risen to an all-time high after the government partially removed subsidies that protected consumers from the global hike in oil prices.

The energy regulator said late on Wednesday night that it had removed the subsidy for super petrol, while retaining a smaller subsidy for diesel and kerosene.

READ ALSO

Ken Agyapong Urges NPP to Apologize for Economic Hardships

Prof. Oquaye Credits NPP for Human Rights in Ghana, Criticizes Nkrumah’s Regime

Per the new prices, super petrol – mostly used by private motorists – will now cost about 179 shillings ($1.5; £1.3) a litre, up from 160 shillings while diesel, which is used by transporters and industries will cost 165 shillings in the capital, Nairobi.

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Kenya fuel prices have risen to a record high
Kenya shillings

Kerosene, which is mainly used by low-income households for cooking and lighting, will cost about 148 shillings.

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This comes after President William Ruto indicated in his inaugural speech that his administration would do away with fuel and food subsidies, noting that they were costly and ineffective.

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Source: www.graphic.com.gh
Tags: kenyaKenya fuel prices
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