Tough times as Ruto vows to end fuel, food subsidies
Bodaboda operators line up to buy fuel at a Nyeri petrol station on April 7, 2022. Fuel prices could hit a historic high after today’s monthly review of prices as President Ruto vowed to end the subsidy that has kept prices stable since July.
Fuel prices could hit a historic high after tomorrow's monthly review of prices as President Ruto vowed to end the subsidy that has kept prices stable since July.
President Ruto hinted that he would do away with subsidies on fuel and food, arguing that they are a huge burden to the exchequer and often lead to product shortages.
The Head of State said subsidy interventions by the outgoing administration have not borne fruit, and that his administration would focus on enhancing production to increase the supply of commodities.
Fuel prices could hit a historic high after tomorrow’s monthly review of prices as President William Ruto today vowed to end the subsidy that has kept prices stable since July.
The Energy and Petroleum Regulatory Authority (Epra) is tomorrow expected to announce new fuel prices to be in place for the next month.
