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Kenya dips into stabilisation fund to prevent rise in pump prices

Fuel station

Vehicles line up to fuel at a petrol station in Nairobi on July 1, 2023. 

Photo credit: Francis Nderitu | Nation Media Group

By  John Mutua

Business Reporter

Nation Media Group

The State Tuesday tapped into the fuel stabilisation fund for the first time since October last year to stop an increase of pump prices by up to Sh2.27 per litre.

The cushion lowered super petrol prices per litre in Nairobi marginally to Sh192.84 from Sh193.84 previously.

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