Saturday, June 3, 2023 – President William Ruto has finally explained how his government will lower the skyrocketing fuel prices and offer a reprieve over the rising cost of living.

Speaking at Serena Hotel, Nairobi, in an event organized by businessmen on Saturday, Ruto said his government is planning to launch an e-mobility program later this year.

The Head of state explained that the program involves the adoption of electric buses and motorbikes with incentives for businessmen to install quality electricity charging stations across the country.

Defending the move, Ruto noted that the country spent Sh69 billion monthly to import fuel from various countries. By shifting to electric power vehicles, Ruto noted that his government would slash that cost by half.

“In this year’s Finance Bill, we have put the tax incentives you are asking for. I want to launch that program (e-mobility program) later this year and we want to transition from using fossil fuels (Diesel, Petrol kerosene) on our motorbikes and other wheelers.

“We are spending Sh60 billion (USD 500 Million) monthly to import fuel products. We can save that by half if we follow the direction we have put in our Finance Bill this year,” Ruto stated.

Currently, the price of petrol is Sh 182.70 per litre, Diesel Sh168.40, and Kerosene Sh161.13 in Nairobi.

The Kenyan DAILY POST

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1 COMMENT

  1. Zakayo and his confused Deputy Rigathe are totally confused fellows,Never hide things from hardcore thinkers. They get more aggravated, more provoked by confusion than the most painful truths who ever gave PhDs and degrees to zakayo and his deputy alikosea vibaya sana this guys are thieves,even God turns you from one feeling to another and teaches by means of opposites so that you will have two wings to fly, not one Arap mashamba Aka a # Ruto and rigathe are busy dreaming flying yet they can’t fly with one wing even the law of Physics Newtons law explains directly A wing is shaped and tilted so the air moving over it moves faster than the air moving under it. As air speeds up, its pressure goes down. So the faster-moving air above exerts less pressure on the wing than the slower-moving air below. The result is an upward push on the wing—lift! Arap mashamba and confused rigathe constitution is clear but this educated fools want to hijack the constitution just like the Europeans and west hijacked the Bible.

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