Home Economy Brace yourselves for tougher times, CS Chirchir says

Brace yourselves for tougher times, CS Chirchir says

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Energy Cabinet Secretary Davis Chirchir addresses the Energy Committee in Parliament on Friday
Energy Cabinet Secretary Davis Chirchir addresses the Energy Committee in Parliament on Friday

Energy Cabinet Secretary Davis Chirchir has addressed the issue of the rise of prices of fuel after an uproar from Kenyans.

The CS, while speaking to the Energy Committee in Parliament on Friday, said that Kenyans should brace themselves for tougher times since the government can’t avert the situation.

“We are likely to even be going to harder times. These are prices from OPEC and there is nothing much we can do about it,” he said.

“There has been some 3.6 million barrels cut on a daily basis about 3.6 to 4 per cent and it is just unfortunate that we do not have our own product”.

The CS said that the ministry will soon give clarification on the issue of fuel price increase.

In the review, the price of petrol is up by almost Sh17 per litre while that of diesel has increased by about Sh21.32 per litre.

Kenyans have expressed their anger after the government announced sky-high fuel prices.

“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.

“The prices are inclusive of the 16 per cent Value Added Tax in line with the provision of the Finance Act 2023.”