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Treasury seeks funds to reinstate fuel subsidy in U-turn

Treasury Cabinet Secretary John Mbadi addressing members of the National Assembly's Departmental Committee on Finance and National Planning at Bunge Tower, Nairobi, on November 18, 2025.

Photo credit: Dennis Onsongo | Nation Media Group

By  Vincent Owino

Business & Technology Reporter

Nation Media Group

The Treasury is seeking funding to subsidise retail fuel prices in the face of hostilities in the Middle East and the 2027 General Election, in a reversal of government policy.

Treasury Cabinet Secretary John Mbadi said that Kenya is seeking additional funding to lower fuel prices without being specific about whether the State is targeting a loan or a new budget.

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