Nyoro Calls for Stable Fuel Prices Amid Rising Global Oil Costs

Ndindi Nyoro, the Member of Parliament for Kiharu Constituency, has called on the government to maintain stable fuel prices, arguing that Kenya currently has adequate fuel stocks purchased before the recent rise in global oil prices.

Speaking amid growing geopolitical tensions in the Middle East that have pushed international oil prices upward, Nyoro said there is no justification for increasing pump prices at this time. He urged authorities to shield consumers from additional financial strain.

Nyoro specifically appealed to the Energy and Petroleum Regulatory Authority (EPRA) and the national government to ensure transparency in the country’s fuel pricing mechanism.

“The country has sufficient fuel stocks that were procured before the recent surge in global oil prices. There is therefore no justification for raising pump prices at this time,” Nyoro said.

Call to Review Fuel Taxes

The legislator also advocated for the removal of some taxes and levies on petroleum products, including the Sh7 fuel levy introduced in 2024 and the 8 percent Value Added Tax (VAT) on petroleum products introduced in 2022.

According to Nyoro, these additional charges have significantly increased the financial burden on Kenyans who are already grappling with the high cost of living.

“The additional taxes and levies on fuel are unfair to citizens who are already struggling to meet their daily needs,” he said.

Concern Over Cost of Living

Nyoro warned that any increase in fuel prices would have a ripple effect across the economy, particularly by raising transportation costs and driving up the prices of basic commodities.

He criticized past trends in which reductions in international oil prices were not reflected in local pump prices, while increases were quickly passed on to consumers.

The lawmaker emphasized that energy policies should prioritize the welfare of ordinary citizens, urging policymakers to adopt measures that cushion households and businesses from economic shocks.

“Stabilizing fuel prices is essential to protecting citizens from economic hardship and easing pressure on the economy,” Nyoro said.