Fuel Prices: EPRA Reduces Price Of Diesel By Ksh10 After Ruto Promise

The Energy and Petroleum Regulatory Authority (EPRA) has released the fuel prices for the period between Monday, April 15 and Tuesday, May 14.

In a statement, EPRA announced that the price of Diesel was reduced by Ksh10 per litre, an announcement that corroborates President William Ruto's promise of a Ksh10 reduction in fuel prices.

However, Kerosene recorded the biggest drop at Ksh18.68 per litre as Super Petrol decreased by Ksh5.31 per litre.

"In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, we have calculated the maximum retail prices of petroleum products which will be in force from 15th April 2024 to 14th May 2024.

"In the period under review, the maximum allowed petroleum pump price for Super Petrol, Diesel and Kerosene decrease by KShs.5.31 per litre, KShs.10.00 per litre and KShs.18.68 per litre respectively," read the statement in part.

With the new prices, Nairobi motorists will pay Ksh193.84 for Super Petrol, Ksh180.38 for Diesel and Ksh170.06 for Kerosene.

Before today, Super Petrol, Diesel and Kerosene had retailed at Ksh199.15, Ksh190.38 and Ksh188.74 during the period between March 15 and April 14, 2024.

The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.

Across the country, motorists in Mombasa will pay Ksh190.66, Ksh177.21 and Ksh166.99 for a litre of Super Petrol, Diesel and Kerosene respectively.

In Nakuru, motorists will pay Ksh192.90 for petrol, Ksh179.82 for diesel and Ksh169.56 for Kerosene. Those in Eldoret will pay Ksh193.67, Ksh180.59 and Ksh170.32 for petrol, diesel and kerosene respectively.

Motorists in other cities such as Kisumu will now be charged Ksh193.66 for petrol, Ksh180.59 for diesel and Ksh170.31 for Kerosene.

After this review, a few areas will be charged over Ksh200 for a litre of petrol. These are Nakalale (Ksh201.06), Lokichogio (Ksh201.14), Lokitaung (Ksh202.07), Korr (Ksh200.27), Turbi (Ksh202.26), Loyangalani (Ksh202.46), Kalacha (Ksh202.40), Maikona (Ksh201.81) and North Horr (Ksh203.30).

Others are Hadado (Ksh201), Bute (Ksh202.51), Eldas (Ksh205,69), Mandera (Ksh207.84), Modogashe (Ksh201.84), Wajir (Ksh203.78), Elwak (Ksh205.34), Tarbaj (Ksh203.62), Habaswein (Ksh201.21), Sololo (Ksh202.95), Moyale (Ksh203.97), Liboi (Ksh201.29) and Marsabit (Ksh202.27).

EPRA's announcement came a couple of hours after President Ruto, while speaking during a church service in Nyeri County, indicated that the eventual reduction in fuel prices is part of the government's plan to lower the cost of living.

"Unga was Ksh200, now it has gone down to almost Ksh100. The dollar was at 160, now it is around 120, and not yet. Even today, the price of fuel will go down by Ksh10.

"It is because we are making the right decisions, not popular decisions," he announced.