July 3, 2024

Moses Kuria claps back at Gachagua over fuel cost utterances

3 min read
Moses Kuria claps back at Gachagua over fuel cost utterances

Trade CS Moses Kuria fires back at DP Gachagua after he was reprimanded for his utterances on the rising cost of fuel

Trade CS Moses Kuria fires back at DP Gachagua after he was reprimanded for his utterances on the rising cost of fuel.

Trade Cabinet Secretary Moses Kuria on Monday responded after receiving a rebuke from Deputy President Rigathi Gachagua on Sunday for his comments over the high cost of fuel. 

CS Kuria told off Gachagua stating that as a minister responsible for the private sector, he had a duty to advise businesses ‘based on science and not truthful voodoo.’

He reiterated his earlier position that Kenya will not see a reduction in fuel prices in the foreseeable future.

“August fuel stocks will land in October and the cost is well-known and scientific. September shipments will land in November and costs are also known,” he explained why The Energy and Petroleum Regulatory Authority (EPRA) will not reduce oil prices.

Kuria added that even after November, Kenyans will not enjoy low fuel prices as it will be winter in the United States with expected stockpiles.

“Then the bilateral arrangements between Saudis and Russia on one side and China and India on the other hand plus ongoing oil cuts,” he added.

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Kuria was referring to the deal reached on September 5 between Saudi Arabia and Russia to continue their voluntary limits in oil output through the end of this year.

In the agreement, the two nations will trim 1.3 million barrels of crude out of the global market which is expected to raise energy prices.

Gachagua acknowledged the rise in oil prices globally but urged public officials not to approach the matter in a haughty manner. 

“The Government remains aware of and is sensitive to the challenges Kenyans are facing today; the arrogant statements by a few leaders do not, in any way, reflect the official government position or that of President William Ruto,” he stated. 

Kuria had in an earlier public post stated that fuel would retail at Ksh260 by February 2024 and there was nothing concerned Kenyans could do on the matter.

In a further response to Kenyans who were showing frustration with the fuel price spike, he asked the concerned Kenyans to drill their own oil. 

On the other hand, economist David Ndii who is Ruto’s advisor, stated that politicians had lied to Kenyans and there was no plan to reduce fuel prices.

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