Nairobi County Lost Ksh 70 Million Daily Due to Protests, Governor Sakaja
Nairobi County has been losing about Ksh 70 million daily in revenue due to ongoing protests, Governor Johnson Sakaja revealed, highlighting the disruptions these events have caused within the city.
Sakaja noted that this financial hit has strained the county’s resources, underscoring the broader economic ramifications of civil unrest.
In response to these financial difficulties, Governor Sakaja stressed the county’s dedication to austerity measures.
“Nairobi County has always maintained an austere approach, avoiding extravagant spending in areas like hospitality. Our travel budgets, both local and international, have been cut back, except for essential trips,” he explained.
He underscored the importance of focusing on critical expenditures, mentioning a recent trip to the United States as an example.
“For instance, during the US trip with the president, we secured $60 million for urban planning and e-mobility projects,” Sakaja noted.
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In an interview with journalists from various media outlets, Sakaja elaborated on the county’s previous introduction of a comprehensive Finance Bill last year, which introduced new charges across different sectors.
“Last year, Nairobi County implemented a comprehensive Finance Bill, bringing various new charges across all sectors. We decided to take an additional year to review its implementation and the revenue we’ve collected,” he explained.
“We introduced a new valuation rule and decided not to implement another one this year. Instead, we’ll issue a new Finance Bill next year after assessing feedback from residents and traders regarding parking charges and other fees,” Sakaja stated.
This delay in introducing a new Finance Bill is part of a larger strategy to evaluate the impact of previous charges and ensure county policies align with the needs of residents and traders.
Sakaja also highlighted that digitization efforts are helping Nairobi County reach its ambitious Ksh 12.8 billion revenue target, making it the highest earner from its source revenue.
However, some residents have accused City Hall of corruption, claiming it has hindered services in the Central Business District and surrounding areas.
Nairobi County Lost Ksh 70 Million Daily Due to Protests, Governor Sakaja