• He said that the rising oil prices are affecting economies, and the situation in Ukraine is becoming more complicated, leading to restricted fuel flow and increasing prices.
•He said that this situation should serve as an eye-opener, highlighting the need to reduce our reliance on fossil fuels, which contribute to significant carbon emissions.
Former Kenya National Union of Teachers Secretary General Wilson Sossion on Monday said the hike in fuel prices is impacting economies worldwide.
He mentioned that we should compare fuel prices in Kenya to those in other countries and noted that there is little difference in comparison to other nations.
In an interview on KTN News, Sossion emphasized that fuel is a global commodity, one that Kenya imports from other countries.
"What is happening in Kenya is beyond the control of anybody within the country," he asserted.
He further added that there is limited action the government can take regarding fuel prices, and people should be prepared for challenging times.
"Let's hope that situations improve; they will only improve when opaque entities review their prices downwards per barrel. If that is not done, then we are headed for more difficult times," he said.
He also expressed that this situation should serve as an eye-opener, highlighting the need to reduce our reliance on fossil fuels, which contribute to significant carbon emissions.
Sossion stressed the importance of investing heavily in green energy solutions and shifting our focus to green energy.
"All over the world, rising oil prices are affecting economies, and the situation in Ukraine is becoming more complicated, leading to restricted fuel flow and increasing prices," Sossion pointed out.
He stated that these circumstances are beyond the control of our country, and we should be prepared.
The new prices which will subsist during the September-October cycle crossed the Sh200 mark for the first time ever hitting a high of Sh211.64 per litre of petrol in Nairobi after a Sh16.96 increase.
The prices will remain in effect until October 14, 2023, with Trade CS Moses Kuria cautioning that the prices will rise by at least Sh10 every month until February 2024.
Epra had Thursday issued a preemptive statement saying the hike was not exclusive to Kenya or the region but was a global phenomenon that has seen a sharp spike in fuel prices in the last three months.