CS Mbadi blames Israel-Iran war for fuel hike, dismisses MP Ndindi Nyoro's claims

 

Treasury Cabinet Secretary John Mbadi has strongly defended the government over Monday’s spike in fuel prices, dismissing claims by Kiharu MP Ndindi Nyoro as misinformed. Mbadi insisted the increase was driven by the ongoing Israel-Iran war and rising global oil prices.

On Monday this week, fuel prices shot up, petrol by Ksh.9, diesel by Ksh.8, and kerosene by Ksh.9. These changes will remain in effect through mid-August. The Energy and Petroleum Regulatory Authority (EPRA) cited an increase in the landed cost of fuel.“We saw the prices of fuel going up drastically yesterday, and the explanation that was given by the government was not accurate. Because blaming the global oil prices is falling short of what the reality is,” said Nyoro.

Mbadi, in turn, fired back, saying, “When you start misreporting and giving statements that are not factual—and you've been chair of the Budget and Appropriations Committee—then you leave Kenyans asking whether you have what it takes to offer leadership at any level."

"You cannot say that petroleum prices have gone up because the government has diverted stabilisation funds to pay or take secret loans. What is secret about securitisation?While Nyoro did not directly tie the price hike to the securitisation, he claimed that domestic fuel prices no longer reflect global trends. 


Comments

Post a Comment

Popular posts from this blog

Bomet: Man arrested for cohabiting with 17-year-old school girl

Image
A 22-year-old man is being held at the Kapletundo police station ,Sotik sub-county in Bomet after he was found having held hostage a 17-year-old school girl in his house for 2 days. Police, after a tip off from members of the public, raided his home at Kapkoitim village and found the suspect, Brian Koech in a compromising situation with the girl. When interrogated by the police the 17-year-old girl, a student at Kamungei Mixed boarding within Sotik area said she had been sent home on Monday to collect school fees but instead headed direct to her boyfriend's home.
Read more

Nairobi MCAs suspend Sakaja impeachment push after Ruto, Raila talks

Image
The principals of the broad-based government on Tuesday held separate meetings to save Nairobi Governor Johnson Sakaja from a looming impeachment push by ward representatives. Orange Democratic Movement (ODM) ward representatives put the plan to impeach Governor Sakaja on hold for 30 days following the intervention of party leader Raila Odinga. At State House, Nairobi, President William Ruto secured more wiggle room for the beleaguered governor by persuading UDA MCAs to work with him. The MCAs had expressed dissatisfaction with the handling of key issues in the capital. After day-long consultations chaired separately by President Ruto and ODM leader Raila Odinga, the Nairobi MCAs dropped the impeachment motion against Governor Sakaja.“Tumefanya mkutano na MCAs wa Azimio na tumekubaliana hiyo impeachment motion itupiliwe mbali ili viongozi wa Nairobi wakae chini wafanye kazi pamoja kwa wananchi wa Nairobi...,” said George Aladwa, the ODM Party Chairperson for Nairobi.
Read more
Image
    A Brazilian judge on Monday placed former president Jair Bolsonaro under house arrest for breaking a social media ban, escalating a dramatic standoff between the court and the politician, who is accused of plotting a coup. Bolsonaro is on trial at the Supreme Court for allegedly plotting to cling onto power after losing 2022 elections to President Luiz Inacio Lula da Silva. President Donald Trump has sought to punish Brazil, a longtime US ally, for what he sees as a politically motivated "witch hunt" targeting Bolsonaro by imposing eye-watering tariffs on Latin America's biggest economy.The 70-year-old Bolsonaro is banned from social media for the duration of the proceedings, and third parties are barred from sharing his public remarks. But on Sunday, his allies defied the order by sharing footage online of a call between the former army captain and his eldest son Flavio at a solidarity rally in Rio de Janeiro. Supreme Court Justice Alexandre de Moraes reacted furious...
Read more