Ndindi Nyoro claims politically connected individuals are benefitting from Kenya’s G2G fuel import deal as pump prices hit record highs following EPRA review.

📻 Breaking It Down

NAIROBI, Kenya, May 15 — Former House Budget Committee Chair Ndindi Nyoro has accused senior government officials of profiteering from the government-to-government (G2G) fuel importation arrangement, arguing that the programme has failed to protect consumers from soaring pump prices.

Nyoro’s remarks came a day after the Energy and Petroleum Regulatory Authority (EPRA) announced steep fuel price increases for the May 15 to June 14 pricing cycle, pushing petrol prices in Nairobi to Sh214.25 per litre and diesel to Sh242.92.

EPRA attributed the increases to rising global petroleum costs even as it said government would apply 8 per cent Value Added Tax (VAT) on fuel products.

📌 What You Need to Know

However, speaking in Nairobi on Friday, Nyoro dismissed claims that international market dynamics alone were responsible for the record-high prices.

“The G2G arrangement Kenyans can now clearly see is a scam at best,” he declared.

He alleged that politically connected individuals were benefitting directly from the fuel importation framework.

“The G2G arrangement is a kiosk for senior government officials. The same people you see claiming to reduce this or that are the same people who are the owners of G2G,” he said.

Nyoro argued that Kenya’s fuel prices remain disproportionately high compared to neighbouring countries despite global oil prices being lower than they were in 2022.

“Fuel in terms of global prices was lower in 2022, yet Kenyans were paying cheaper at the pump and there was no G2G then,” he said.

📰 Source: Capital FM Kenya