Nandi County Senator Samson Cherargei has yet again weighed in on the Energy and Petroleum Regulatory Authority’s (EPRA) December fuel review.

In a statement on Sunday, December 15, 2024, Cherargei said that after EPRA dropped the prices of fuel, owners of passenger service vehicles (PSVs) should follow suit by reducing fares in equal measure to reflect lower fuel prices during this festive season.

In addition, the vocal senator suggested legal action be taken against those PSV owners who will not comply with the fare price reduction directives.

“With the reduction of fuel prices in the country, the matatus, buses, and passenger service vehicles (PSVs) should equally reduce their fare prices in equal measure to reflect lower fuel prices. Failure to which, the police should crack down on the non-compliant PSVs in the country,” Cherargei said via his official X account.

Cherargei on price drop

On Saturday, December 14, 2024, Cherargei, via his X account, said that the lowering of fuel prices is the best Christmas gift for Kenyans from President William Ruto.

 Noting that the reduction leads to a lower cost of living.

“Rudderless and clueless critics cannot share the impact of lowering fuel leads to a low cost of living. The reduction of fuel in the country is the best Christmas gift for this festive season. The strategies of HE Ruto in creating a prosperous nation for all is starting to bear fruits,” he said.

EPRA review

In its latest fuel review, EPRA on December 14, 2024, announced the reduced prices of super petrol, kerosene, and diesel.

In its announcement, the energy regulator stated that the maximum allowed petroleum pump prices for super petrol, diesel, and kerosene decreased by Ksh4.37 per litre, Ksh3 per litre, and Ksh3 per litre respectively.

The prices of super petrol, diesel, and kerosene have been set at Ksh176.29, Ksh165.06, and Ksh148.39, respectively.

EPRA noted that the calculated maximum retail prices for petroleum products would be in force for the next 30 days from Sunday, December 15, to January 14, 2025, in accordance with the 2019 Act. 

“In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, we have calculated the maximum retail prices of petroleum products, which will be in force from 15th December 2024 to 14th January 2025.”

“The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020, and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020, “EPRA announced.

The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.

For full press release, visit our… pic.twitter.com/xKEXMI2tvV

— Energy and Petroleum Regulatory Authority (@EPRA_Ke) December 14, 2024