Mbadi Reveals Plans for Cheaper Fuel Amid Global Crisis
Several fuel vendors and stakeholders have raised concerns on return of subsidies, fuel shortages, and pricing mechanisms...
✨ Key Highlights
Kenya's Treasury plans to utilize the Petroleum Development Levy (PDL) to stabilize fuel prices, rejecting calls for direct subsidies.
- The PDL, currently set at Ksh5.40 per litre, will be used to absorb costs and prevent sharp increases.
- Treasury CS John Mbadi confirmed this approach, diverging from former government policies.
- Industry players like the Petroleum Outlets Association of Kenya (POAK) warn of potential shortages, with an estimated 20% of stations already facing supply issues.
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Treasury Uses Petroleum Levy to Stabilize Fuel Prices - March 2026
Kenya's Treasury CS John Mbadi has ruled out new taxes in the Finance Bill 2026, shifting focus to improving revenue collection efficiency by the Kenya Revenue Authority. The Treasury plans to utilize the Petroleum Development Levy (PDL) to stabilize fuel prices, rejecting calls for direct subsidies. Meanwhile, Vivo Energy Kenya is addressing temporary fuel shortages across its network, attributing the issue to an unexpected surge in customer demand. President William Ruto has also reassured Kenyans that the government has implemented measures to secure fuel and commodity supplies amidst rising Middle East tensions.
