CS Wandayi says fuel prices set to ease, terms recent hike a temporary disruption

CS Wandayi dismissed the latest increase as a short-lived spike, noting that overall fuel prices have been on a downward trend since July last year.
Energy Cabinet Secretary Opiyo Wandayi has moved to calm growing public anxiety over rising fuel costs, assuring Kenyans that pump prices are expected to decline in the coming months.
Appearing before the National Assembly’s Energy Committee, CS Wandayi dismissed the latest increase as a short-lived spike, noting that overall fuel prices have been on a downward trend since July last year.
“The recent hike was a temporary situation caused by specific market conditions. It does not reflect a sustained pattern. In fact, pump prices have generally been easing since July 2024,” Wandayi told lawmakers.
He attributed the July–August 2025 fuel price surge to several factors, including increased landing costs, global market volatility, and statutory taxes.
The CS explained that the pricing structure is influenced by international crude prices and currency exchange rates, both of which have fluctuated in recent months.
Wandayi also highlighted government efforts to cushion consumers through a fuel stabilization fund. The fund, he said, is designed to absorb shocks in the petroleum supply chain by offering subsidies to fuel importers and distributors.
This, in turn, helps prevent extreme price swings at the retail level.
His remarks come against a backdrop of mounting public concern over the rising cost of living, with transport, food, and manufacturing sectors particularly hard hit by the spike in fuel prices.
In the latest monthly review by the Energy and Petroleum Regulatory Authority (EPRA), prices for super petrol, diesel, and kerosene rose by Sh8.99, Sh8.67, and Sh9.65 per litre respectively, triggering nationwide frustration.