Deputy President Kithure Kindiki has attributed the recent spike in fuel prices to global disruptions triggered by tensions linked to the US–Iran conflict, assuring Kenyans that the government is rolling out interventions to stabilize the situation and ease the burden on households and businesses.
Highlights
- Government links rising fuel prices to global supply disruptions caused by geopolitical tensions
- VAT on fuel reduced from 16% to 8% as part of relief measures
- Ksh.5 billion released to subsidize fuel costs
- DP says additional interventions are being explored to stabilize prices
- Development projects in Meru highlighted during DP’s tour
Main Story
Fuel Price Spike Explained
The government says the recent increase in fuel prices is being driven by instability in global oil markets, with disruptions in supply chains linked to heightened tensions in the Middle East affecting shipping, insurance, and distribution costs.
According to DP Kithure Kindiki, the situation has led to a sharp rise in the cost of petroleum products worldwide, Kenya included.
Government’s Response
To cushion citizens, the government has already implemented several measures, including:
- Reduction of Value Added Tax (VAT) on fuel from 16% to 8%
- Release of Ksh.5 billion to support fuel subsidies
- Ongoing review of additional interventions to stabilize prices
The DP emphasized that the administration is actively working to ensure Kenyans are not overburdened by the global shock.
Call for Patience
While acknowledging the impact of the price hike on transport and the cost of living, Kindiki urged Kenyans to remain patient as the government implements mitigation strategies.
He noted that similar increases are being experienced globally due to the geopolitical situation affecting oil supply routes.
Development Tour in Meru
The Deputy President made the remarks during an inspection tour of development projects in South Imenti Constituency, Meru County.
Key projects highlighted include:
- Nkubu–Rubiri–Kamurita Road nearing completion
- Rubiri Last Mile Electricity Connection Project
- Expansion of road networks across Meru County
- Ksh.3.7 billion set aside for urban link roads in Meru town
- Ongoing upgrades at Meru Referral Hospital to Level 6 status
- Affordable housing, markets, and institutional projects in progress
The government also announced that over Ksh.39 billion has been allocated to complete and launch road projects across the county.
Political Remarks
The DP also took the opportunity to challenge political rivals, stating that future campaigns will be based on performance and delivery rather than rhetoric.
He said the government will present its track record to voters once it returns to the region for campaigns.
As global tensions ripple through local economies, the question remains how long can households hold on before relief fully kicks in?
