Ruto reduces diesel by Ksh10, promises reforms in transport sector

President William Ruto has announced a major KSh10 reduction in diesel prices as part of a fresh government intervention targeting Kenya’s struggling transport sector amid rising economic pressure.

The new directive will see diesel prices in Nairobi drop to approximately KSh222.86 per litre for the June–July pricing cycle once the revised fuel rates are officially gazetted.

The announcement followed an overnight meeting held at State House in Mombasa between the Head of State and public transport operators, where concerns over soaring fuel prices and the financial strain facing the matatu industry dominated discussions.

Beyond the fuel reduction, Ruto also unveiled a series of sweeping reforms aimed at easing the burden on transport operators and restoring stability within the sector.

Among the key directives issued was an order to the Ministry of Transport to engage financial institutions in efforts to secure cheaper financing options for matatu owners.

The President also instructed the government to work closely with the Insurance Regulatory Authority (IRA) to address long-standing complaints from operators who continue paying repair and accident-related costs despite having insurance coverage.

In addition, Ruto directed that the Insurance Act be reviewed within the next three months as part of wider reforms intended to improve fairness and accountability in the industry.

The President further ordered the National Transport and Safety Authority (NTSA) to begin regulating digital taxi platforms, including the introduction of minimum fare guidelines for ride-hailing services.

According to Ruto, the measures are designed to stabilise fuel prices, shield consumers from further economic pressure, and bring order to Kenya’s transport sector during a difficult economic period.