CS Mbadi Outlines Govt Intervention on Fuel Prices Ahead of EPRA Review

Treasury CS John Mbadi just revealed the government's secret weapon against fuel price madness — and aki, it's been working harder than a matatu conductor on a Friday. But here's the catch: we're still sitting on a ticking time bomb because Kenya can't produce its own oil, and global chaos is creeping closer by the day. The Deal That Saved Your Pocket (For Now) Kumbe, while you've been stressed about fuel prices, Mbadi and his team struck a deal

05/14/26  •  3 Views

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Treasury CS John Mbadi just revealed the government's secret weapon against fuel price madness — and aki, it's been working harder than a matatu conductor on a Friday. But here's the catch: we're still sitting on a ticking time bomb because Kenya can't produce its own oil, and global chaos is creeping closer by the day.

The Deal That Saved Your Pocket (For Now)

Kumbe, while you've been stressed about fuel prices, Mbadi and his team struck a deal with oil marketers that's basically been the only thing keeping petrol from going through the roof. By locking in uniform transport and importation costs, the government created a shield that's absorbed the shock from global oil price madness. Sawa, sounds boring, lakini this arrangement is literally the reason your matatu fare hasn't doubled already.

The CS didn't mince words during his Ramogi TV interview — he straight-up said that without this intervention, fuel prices "could have gone up to unsustainable levels." Translation? We'd all be walking everywhere or selling a kidney to fill up our cars. Some oil marketers are even running at losses right now just to keep prices stable. That's the trade-off, bana.

But Wait, There's a Problem (There's Always a Problem)

Here's where it gets spicy. Kenya imports 100% of its petroleum products — ndio, every single drop comes from outside. So when global fuel prices double (which they have), when wars disrupt shipping routes (hello, Iran-Israel tensions), and when the Strait of Hormuz starts looking dodgy, we're basically at the mercy of international chaos. Mbadi admitted this straight up: we're "heavily exposed" to global fuel shocks.

The Iran war has already messed with international oil supply chains, forcing importers to source from more distant markets at higher costs. This government-to-government framework is helping, sure, but it's not a permanent solution — it's more like a pressure valve on a slowly heating pot.

May-June Review Is Coming, and Tensions Are High

As EPRA prepares its May-to-June fuel price review, Kenyans are holding their breath. Any spike in fuel prices cascades through everything — transport costs jump, electricity bills rise, food prices go up, and suddenly you're choosing between matatu fare and nyama choma. It's not just about the car, it affects every single household.

The question everyone's asking: will the government's deal hold strong enough when EPRA announces the new prices? Or will global pressure finally break through the shield? Only time will tell, but one thing's certain — this situation is far from resolved.

The Jukwaa Take: Mbadi's intervention is smart strategy, lakini it's basically using a band-aid on a wound that needs surgery — until Kenya finds oil or invests seriously in alternatives, we're forever dancing to the global oil market's tune.

📰 Source: Kenyans.co.ke

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