Every 14th day of the month marks Kenya’s Energy and Petroleum Regulatory Authority (EPRA) fuel price review, where adjustments are considered based on various factors.
In the latest October 14 review, EPRA raised petrol prices by Sh5.72, diesel by Sh4.48, and kerosene by Sh2.45. This decision was attributed to an increase in the average landing cost of imported fuel.
Petrol now retails at Sh217.36 per litre, diesel at Sh205.47, and kerosene at Sh204.46 per litre in Nairobi.
The surge in fuel prices, deemed a significant contributor to the high cost of living, has drawn attention, with President William Ruto acknowledging the challenge in a recent parliamentary group meeting.
As the nation anticipates the upcoming monthly review, discussions are already underway on whether EPRA will decide to increase fuel prices.
Molo MP Kuria Kimani, chairperson of the National Assembly Finance and Planning Committee, expressed optimism that prices may not rise, countering Energy Cabinet Secretary Davis Chirchir’s concerns about potential increases due to the Israel-Palestine conflict.
Narok Senator Ledama ole Kina took to social media, shedding light on the intricacies of fuel pricing, raising questions about the practices of companies involved in the Government-to-Government contract.
Social media users also shared their concerns about a possible hike in fuel prices, emphasizing the impact on the nation’s economic landscape.
