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Originally published by Nation Business
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business
May 19, 2026
1d ago

How to lower fuel prices

How to lower fuel prices

A raft of taxes applied on petroleum products will be the focal point for State negotiators...

✨ Key Highlights

Kenyan Public Service Vehicle (PSV) operators have suspended a nationwide strike for one week following government assurances to address soaring fuel prices. Negotiations will focus on reducing taxes and oil marketing company profit margins.

  • Kenya is among countries with the highest fuel taxation globally, contributing significantly to petrol retailing at Sh214.25 and diesel at Sh232.86 per litre in Nairobi.
  • Key players include the Kenyan government, led by Interior Cabinet Secretary Kipchumba Murkomen and Energy CS Opiyo Wandayi, and the Federation of Public Transport Sector, represented by its chairman Edwin Mukabane.
  • The Treasury currently collects Sh74.05 in taxes per litre of petrol and Sh67.83 per litre of diesel, with the Roads Maintenance Levy being the largest contributor.

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