EXCLUSIVE: Tinubu considering 'temporary subsidy' on petrol as landing cost rises

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EXCLUSIVE: Tinubu considering 'temporary subsidy' on petrol as landing cost rises
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President Bola Tinubu is considering a 'temporary subsidy' on petrol as crude oil prices and foreign exchange rates continue to soar...

President Bola Tinubu is considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to soar, TheCable understands.

The Kenyan government, on Monday, re-introduced fuel subsidies to curb soaring prices of petrol, kerosene, and diesel in the country.According to a presidency official, the “realistic” amount of petrol consumed in the country is now known following the removal of subsidy on Tinubu’s inauguration, hence the amount spent on subsidy “can now be controlled”.

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