Treasury Cabinet Secretary John Mbadi told Ramogi FM that the government intends to lower pump prices in the November‑December cycle by using the fuel stabilisation fund, which was deliberately left untouched during the October 2026 review.

Mbadi explained that the decision to preserve the fund in October was driven by expectations of higher global energy demand as European countries head into winter, a factor that could push fuel prices up in November.

He added that the government projected a possible increase in fuel prices for November and therefore saved the stabilisation fund to cushion consumers during the next review.

Two weeks earlier, the Energy and Petroleum Regulatory Authority raised pump prices by Ksh12.93 per litre for Super Petrol, Ksh9.90 for Diesel and Ksh28.49 for Kerosene, bringing current Nairobi retail rates to Ksh226.96, Ksh227.76 and Ksh219.87 respectively.

Mbadi noted that fuel subsidies, funded from the stabilisation fund, are used to prevent sharp price spikes by compensating oil marketers, thereby keeping pump prices from rising sharply.

He also defended existing levies such as the Road Maintenance Levy, arguing that removing them without alternative revenue would create funding gaps for road construction and maintenance, which affect overall transport costs.