Moses Kuria: Fuel Prices Will Increase by KSh 10 Every Month Until February 2024

 

The ruling Kenya Kwanza government had projected that it would address the situation within the shortest period possible when taking over power. But taking to Twitter on the morning of Friday, September 15, Kuria urged Kenyans to fasten their belts in preparation to handle the increasing cost of fuel. "Global crude prices are on an upward trajectory. For planning purposes expect pump prices to go up by KSh 10 every month till February," Kuria said. Earlier, TUKO.co.ke reported that President William Ruto's economic adviser, David Ndii also warned Kenyans to brace for tough times ahead following the dwindling economic fortunes. Why David Ndii believes Kenya is broke Ndii said Kenya was in receivership, indicating the country was broke and could default on its over KSh 10 trillion debt. Ndii said Kenya was in receivership, indicating the country was broke and could default on its over KSh 10 trillion debt. "I told you two years ago Kenya was in receivership. Nothing has changed," he posted on X social media platform (formerly Twitter). In another post, he wrote: "I’m not a politician. I don’t sell hope. It is going to be painful. And it may not work. Even Oxford and Havard-trained doctors lose patients." Ndii noted global petroleum prices had soared. "Oil price shocks are very normal," he posted. Ndii's post came after the Energy and Petroleum Regulatory Authority (EPRA) announced new pump prices effective Friday, September 15. What are the fuel prices in Kenya In its latest review, the regulator increased the price of petrol by KSh 16.96, diesel by KSh 21.32 and kerosene by KSh 33.13 per litre. The cost of petrol will retail at KSh 211.64, diesel KSh 200.99 and kerosene KSh Sh202.61 per litre in Nairobi.   BY TUKO NEWS