July 3, 2024

EPRA announces new fuel prices for the month of April

2 min read
Fuel prices to drop by Ksh10; President Ruto

President Ruto announces that the Energy and Petroleum Regulatory Authority (EPRA) will reduce the prices of fuel by Ksh10

The Energy and Petroleum Regulatory Authority (EPRA) on Sunday, April 14 released the fuel prices for April to May 14.

In a statement, EPRA announced that the pump prices of Super Petrol, Diesel and Kerosene had been reduced by Ksh5.31 per litre, Ksh10.00 per litre and Ksh18.68 per litre respectively.

“The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020,” read part of the statement.

With the new prices, Nairobi motorists will pay Ksh193.84 for a litre of petrol, Ksh180.38 for a litre of diesel and Ksh170.06 for a litre of kerosene.

Motorists in Mombasa will part with Ksh190.66, Ksh177.21 and Ksh166.99 for Super Petrol, Diesel and Kerosene respectively.

Kiptoo assured Kenyans that EPRA was committed to observing fair competition and protection of their interests alongside those of investors in the energy and petroleum sectors.

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The announcement comes after President Ruto announced that the Energy and Petroleum Regulatory Authority (EPRA) would reduce the prices of fuel by Ksh10.

Speaking while in Nyeri County during a church service, President Ruto noted that this was part of the government’s plan to lower the cost of living.

“The fuel prices were high but today the prices will go down by Ksh10,” he stated.

Ruto emphasized that the government was making the right decisions and assured Kenyans that the government had a plan.

“A year ago people were worried asking ‘where are we going’ but I told you that we must make the right decision. Unga was retailing at Ksh200 but now it’s at Ksh100,” the Head of State remarked.

Additionally, Ruto also alluded that his efforts had resulted in the strengthening of the shilling from Ksh160 to Ksh130 against the dollar.

He also emphasized that his administration was also working on measures to reduce the prices further.

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