President Bola Tinubu is reportedly considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to rise. Presidential sources told TheCable that the proposal is “firmly on the table” and the “realistic” amount of petrol consumed in the country is now known following the removal of subsidy shortly after Tinubu’s […]
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has reinstated the fuel subsidy programme President William Ruto scrapped on September 15, 2022, after his inauguration. Upon coming into power, President William Ruto removed fuel and maize flour subsidies put in place by his predecessor, saying he preferred subsidising production rather than consumption. The move was also aimed […]