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Originally published by The Standard Business
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May 11, 2026
5h ago

Fuel Levy Trap: Ruto raids fuel levy for additional Sh5 as collateral for Sh120b loan

Fuel Levy Trap: Ruto raids fuel levy for additional Sh5 as collateral for Sh120b loan

The government plans to use an extra Sh5 from the fuel levy as collateral to raise Sh120 billion for road projects, increasing pressure on motorists and road maintenance funds...

✨ Key Highlights

President William Ruto's administration is planning to borrow an additional Sh5 billion by leveraging the fuel levy as collateral for a larger Sh120 billion loan. This move is intended to finance road projects.

  • The government plans to raise Sh5 billion through a fresh borrowing.
  • The security for this loan will be the existing fuel levy.
  • This strategy is part of President William Ruto's broader plan to secure funding for infrastructure development.

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