President William Ruto on Sunday, April 14 announced that the Energy and Petroleum Regulatory Authority (EPRA) will reduce the prices of fuel by Ksh10 today.
While speaking in Nyeri County during a church service, the President 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.
His announcement comes hours after the Government Spokesperson Isaac Mwaura revealed that EPRA would announce reduced pump prices later today.
EPRA is set to announce the official fuel prices at 3 pm based on Isaac Mwaura's statement.
Currently, motorists in Nairobi are paying Ksh199.15, Ksh190.38 and Ksh188.74 for petrol, diesel and kerosene respectively.
Meanwhile, during the church service, Ruto emphasised that the government was making the right decisions and assured Kenyans that the government had a plan on how to set the country on a course of economic recovery.
"A year ago people were worried asking 'where are we going' but I told you that we must make the right decisions. Unga was retailing at Ksh200 but now it's at Ksh100," the Head of State remarked.
Additionally, Ruto also pointed out that his efforts had resulted in the strengthening of the Shilling from Ksh160 to Ksh130 against the Dollar.
In the last review, Ruto had also assured Kenyans of low fuel prices a few hours before EPRA announced new pump prices which had fallen by Ksh7.
He also emphasised that his administration was also working on measures to reduce the prices further.
Ruto's administration got into a government-to-government deal with Abu Dhabi, Saudi Arabia and United Arab Emirates-based oil companies as a way to get cheaper fuel.
However, the deal is yet to bear fruits. In January, Treasury Cabinet Secretary Njuguna Ndung'u revealed that Kenya would exit the deal by December 2024.
