The Energy Petroleum Regulatory Authority (EPRA) has announced a reduction in the prices of Super Petrol, Diesel, and Kerosene in its latest monthly price review.
According to EPRA, the prices for Super Petrol will decrease by Ksh. 7.21, Diesel by Ksh. 5.09, and Kerosene by Ksh. 4.49.
Following the review, a litre of petrol in Nairobi will retail at Ksh.199.15, diesel at Ksh.190.38 and Kerosene at Ksh.188.74.
EPRA says that the revised prices are inclusive of the 16 percent value-added tax (VAT) in line with the provisions of the Finance Act 2023, which is already in force, as well as the Tax Laws Amendment Act of 2020 and the revised rates for the excise duty adjusted for inflation.
Earlier, President William Ruto, while speaking during a development tour of Kericho, disclosed the government’s intentions to lower fuel prices, adding that it is part of the government’s initiatives to ensure that the country moves forward on the right trajectory.
“Today new fuel prices will be announced, so be patient. Didn’t I tell you I will straighten these things?” the head of state indicated.
In Mombasa, a litre of Petrol will retail at Ksh195.97 while Kerosene will retail at Ksh187.21. Mombasa residents will purchase a litre of Kerosene for the next one month at Ksh185.58.
On the other hand, in Kisumu, motorists will purchase Super Petrol at Ksh198.97 and Diesel at Ksh190.59. EPRA capped the price of Kerosene at Ksh188.96.
Meanwhile, in Nakuru and Eldoret, motorists will purchase a litre of Super Petrol at Ksh198.21 and Ksh198.98 respectively. Diesel in the two urban centres will be purchased at Ksh189.82 (Nakuru) and Ksh190.59 (Eldoret).