paul

We are fully aware of the frustration, pain and burden that families, businesses, farmers and transporters have endured due to rising fuel prices over the past few weeks. The truth is this: Kenya is facing the effects of a global fuel crisis caused by the ongoing conflict in the Middle East. This challenge is not unique to Kenya. Across the world, countries are grappling with rising fuel prices, supply shortages and disruptions in the global supply chain. Since the beginning of this crisis, we have responded decisively to cushion Kenyans from high fuel prices and to ensure the country continues to enjoy a stable and uninterrupted fuel supply under the Government-to-Government framework. In the April-May and May-June pricing cycles, the Government has spent KSh28.19 billion on fuel price support through direct stabilisation measures and Value Added Tax (VAT) relief of 8 per cent, protecting millions of Kenyans from even greater hardship. Without Government intervention during this period, Super Petrol would retail at KSh230 a litre instead of the current KSh214. Diesel would retail at KSh277 instead of KSh232, while kerosene would retail at KSh270 instead of KSh191. To further cushion Kenyans, I have directed a KSh10 reduction for diesel in the June-July pricing cycle. We call on Kenyans to remain patient as we navigate this crisis. Let us not allow irresponsible political opportunists to politicise a crisis that is global in nature. Together, we shall overcome these challenges. Held talks with transport stakeholders at State House Mombasa and agreed on a series of reforms to address concerns in the transport sector, including the possibility of a temporary relief on lending terms for the transport sector, insurance claims and regulations on minimum fares for digital taxis, as well as allowing the continued use of artwork and graffiti on matatus.

🏆 ARSENAL ARE CHAMPIONS 🏆

DECISIONS amongst them to 'gift' sh12/litre to PRIVATE companies causing the PUNITIVE fuel costs while cartels rake SUPER profits must be reversed ASAP and all CORRUPT public officials involved/benefiting PROSECUTED.Price controls must be REMOVED for COMPETITION to lower prices.