The State will pay oil marketers an estimated Sh24 billion in the largest monthly fuel subsidy to keep pump prices unchanged and ease public anger over the rising cost of living.
Marketers will be fully compensated for their margins of Sh54.91 per litre of super petrol, Sh66.17 for diesel and Sh74.17 for kerosene—making it the largest payout since Kenya started subsiding retail prices in April last year following a surge in crude oil prices.
