The government has disclosed that fuel prices will reduce further in an announcement that will be made later on in the day by Energy and Petroleum Regulatory Authority (EPRA).
Government Spokesperson Isaac Mwaura noted that the reduction is in line with President William Ruto’s promise to stabilize the economy and reduce the cost of living.
"A major announcement on the reduction of fuel prices shall be made today at 3:00 pm by the Energy and Petroleum Regulatory Agency (EPRA)! Truly, Kenya Kwanza led by President William Ruto is on delivering its promises," Mwaura stated in anticipation of the reduction in fuel prices.
READ: Fuel prices to drop by Sh10 per liter - Ruto declares hours to EPRA announcement
EPRA announces fuel prices on the 14th of every month, with the announced prices informed by various factors.
The last review announced on March 14, saw EPRA reduced Super Petrol prices by Ksh7.21. Diesel was reduced by Ksh5.09 and Kerosene by Ksh4.49.
The reviewed which are the current prices until a new announcement is made saw fuel prices in Nairobi stand at Ksh199.15, Ksh190.38 and Ksh188.74 for Super Petrol, Diesel and Kerosene respectively.
Fuel prices to drop by Sh10 - Ruto declares
President William Ruto has revealed that fuel prices will go down by Sh10 today.
The Head of State made the revelations on April 14 in what will be a relief to motorists.
Ruto who was speaking in Nyeri County noted that the reduction is part of his government’s strategy to lower the cost of living in the country.
"The fuel prices were high but today the prices will go down by Ksh10," Ruto stated.
His remarks set the stage for what could be good news to millions of Kenyans affected by the high cost of living.