Trade and Industry Cabinet Secretary Moses Kuria has asked Kenyans to prepare for further hikes in the Prices of fuel in the county.
His comments came after an uproar among Kenyans who raised concerns after the Prices of petrol increased by Sh16.96, diesel Sh21/34 and Kerosene by Sh31.34.
"The maximum allowed petroleum pump prices in Nairobi are as follows: Super Petrol increases by Sh16.96, Diesel increases by Sh21.32 per litre and Kerosene increases by Sh33.13 per litre," Epra announced on Thursday.
But reacting to the news, CS Kuria told Kenyans to tighten their belt as the price is not going to come down any day sooner.
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"Global Crude Prices are on an upward trajectory. For planning purposes expect pump prices to go up by Sh10 every month till February," the CS said.
In the latest review, EPRA did not apply any stabilisation plan to keep the prices of fuel at the prevailing rate.
EPRA on Thursday said the increase in fuel prices has been fueled by the average landing cost of imported petrol, diesel and kerosene.
"The average landed cost of imported Super Petrol increased by 4.80% from US$739.21 per cubic metre in July 2023 to US$774.67 per cubic metre in August 2023; Diesel increased by 12.52% from US$701.99 per cubic metre to US$789.89 per cubic metre while Kerosene increased by 19.79% from US$690.58 per cubic metre to US$827.26 per cubic metre," Epra stated.