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Ruto announces diesel price reduction

President William Ruto has directed a further reduction of diesel prices by Ksh10 for the June to July pricing cycle in a bid to stabilise pump prices and cushion consumers across the country.

The announcement follows consultations between the Head of State and representatives from the transport sector held at State House in Mombasa, where stakeholders raised concerns over recent fuel price increases that had affected operations and livelihoods.

Speaking during the engagement, President Ruto said the government had agreed on targeted interventions to ensure stability in fuel pricing and reduce pressure on Kenyans who rely heavily on transport services for daily economic activities.

“I have directed, after consultations with leaders here from the transport sector, that in the pricing cycle, we are going to further reduce the prices of diesel by Ksh10 for June to July,” the President stated.

Once the new pricing is officially gazetted, diesel in Nairobi will retail at Ksh222.86 per litre, while kerosene will cost Ksh191.38 per litre and super petrol will remain at Ksh214.25 per litre effective June 15.

The President assured Kenyans of adequate fuel supply in the country, noting that the government remains committed to ensuring stability in the energy sector despite global fluctuations in oil prices.

In addition to fuel price interventions, the Head of State directed the Ministry of Transport to engage financial institutions and the banking sector to develop affordable credit facilities for matatu operators in order to support investment in the public transport sector.

He also instructed the ministry to work closely with the Insurance Regulatory Authority (IRA) to address challenges facing transport operators, particularly issues related to insurance claims and compensation delays.

“There is a big issue about transport operators, despite having insurance coverage, ending up paying bills when incidents occur, and insurance companies going free. This is an issue we must address,” the President said.

To strengthen accountability within the sector, the President further directed amendments to the Insurance Act within three months to ensure compliance by insurance firms and better protection for operators.

The National Transport and Safety Authority (NTSA) was also tasked with engaging digital taxi platforms to establish clear guidelines on minimum fare regulations aimed at protecting both drivers and passengers.

President Ruto also urged Kenyans to remain calm and united, warning against misinformation and divisive narratives that could undermine peace and stability.

“I therefore ask all Kenyans to remain calm, patient and united. Let us reject division, fear and misinformation,” he said.

The government says the measures are part of broader efforts to stabilise the economy, improve the transport sector and ensure fair pricing for essential services across the country.

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