Gov’t to make major announcement on reduction of fuel prices today

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Gov’t to make major announcement on reduction of fuel prices today

The government is expected to make a major announcement on fuel prices today (Sunday, April 14).

Through the Energy and Petroleum Regulatory Authority (EPRA), the government is expected to announce a reduction of fuel prices, an announcement that will be made at 3 pm.

Government Spokesperson Isaac Mwaura says that the announcement will be the beginning of a journey to reduce the cost of living in the country for “hustlers and Kenyans at large.”

“Truly, Kenya Kwanza led by President William Ruto is on delivering its promises Stay tuned!” Mwaura says.

According to experts, fuel prices will reduce significantly because of factors that include; the strong shilling against the dollar and a reduction of global crude prices last month.

The prices of fuel prices in Kenya have dropped since December 2023. Today a litre of petrol retails at KSh199.15 in Nairobi, a reduction of KSh18.21 over the same period.

Diesel now retails at KSh190.38 in Nairobi, a reduction of KSh13.09 over the same time/

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