In a surprising move, Kenya's President Ruto has reinstated fuel subsidies, signalling a major policy reversal.

The decision aims to cushion consumers from the impact of soaring pump prices triggered by the recent arrival of a more economical fuel consignment, which had sent shockwaves through the oil market.

The Energy and Petroleum Regulatory Authority (Epra) swiftly stepped in, keeping fuel prices steady in the latest review cycle by reintroducing subsidies.

This move averted the looming possibility of pump prices crossing the Ksh200 ($1.39) threshold.


https://africa.businessinsider.com/local/markets/kenya-president-ruto-reinstates-fuel-subsidies-amidst-soaring-pump-prices/kjezyf3

Kenya has a father

We exited ours abruptly with no prep.

Tinubu will soon do the same