State to end subsidy pointing to further increase in fuel prices

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Motorists fuel at a TotalEnergies Petrol Station on Kimathi Street in Nairobi on June 14, 2022.  NMG PHOTO | DENNIS ONSONGO

Energy Secretary Monicah Juma has said that the government will discontinue the fuel subsidy programme pointing to costly petrol and a further increase in the cost of basic goods and services in the coming months.

Dr Juma said on Thursday that the spike in global prices of crude past the $100 per barrel has strained the fuel stabilisation fund due to the sharp rise in compensation to oil majors to keep pump prices low.

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