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Good news For Kenyans as President Uhuru signs funds release Bill

President Uhuru Kenyatta signed the Supplementary Appropriation Bill (Supplementary Budget) on Monday afternoon, April 4, bringing respite to motorists across the country.

This will result in the transfer of Sh34.44 billion to oil marketing corporations, resuming normalcy in the gasoline industry.

The government has been accused by oil marketers of withholding subsidy arrears for four months, making it difficult for them to ship in additional oil imports from oil-producing countries.

Motorists around the country have had to suffer long lines and long treks in search of fuel for the past week.

Last Saturday, the Kenya Pipeline Company stated there was enough fuel to service all Kenyans.

In a statement dated Saturday, April 2, the company’s Managing Director Macharia Irungu stated that the company’s super fuel reserves were over 69 million litres.

94 million litres of diesel, 13 million litres of kerosene, and 23 million litres of jet fuel were available at the same time.

Oil merchants and members of the public were putting pressure on the government to handle the fuel situation.



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