Sharp Daily
No Result
View All Result
Saturday, June 28, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Lawmakers push for permanence of National Development Fund

Huldah Matara by Huldah Matara
September 26, 2024
in News
Reading Time: 2 mins read

The Chairman of the Budget and Appropriations Committee in the National Assembly, Ndindi Nyoro, has appealed to the High Court to reconsider its recent ruling declaring the National Government-Constituency Development Fund (NG-CDF) Act 2015 unconstitutional.

The NG-CDF, established in 2003, has played a key role in funding community projects and initiatives in Kenya, especially in the education and security sectors.

Speaking to the media, Nyoro stressed the importance of the NG-CDF, emphasizing that the fund has transformed lives across the country.

“With all humility, I request the Judiciary to reconsider this ruling. There’s a misconception that NG-CDF belongs to Members of Parliament, but it’s one of the most efficiently appropriated funds in Kenya,” Nyoro stated.

RELATEDPOSTS

MPs push for KES 13 billion increase in NG-CDF budget

September 14, 2024

NG-CDF board cleared to procure KES 854 million ERP software

August 13, 2024

The Kiharu MP highlighted the tangible impact of the fund, noting that through the NG-CDF, 112 public primary schools in his constituency have been rehabilitated.

“All classrooms in public primary schools in my constituency have been tiled thanks to the NG-CDF. It ensures the efficient rollout of vital projects, such as the construction and rehabilitation of police stations,” he said, adding that the fund should be made permanent to secure its future allocation in the budget.

Nyoro’s remarks were echoed by fellow lawmakers, including Kieni MP Njoroge Wainaina and Tetu MP Geoffrey Wandeto, who underscored the fund’s structured management and its role in providing equal access to bursaries for learners. “NG-CDF belongs to the community. It’s one of the most effective tools for development,” said Wandeto, who proposed consolidating other bursary schemes under the NG-CDF for greater efficiency.

However, the fate of the NG-CDF remains uncertain after a ruling by Justices Kanyi Kimondo, Mugure Thande, and Roselyne Aburili. They ordered the cessation of all NG-CDF projects by June 30, 2026. “We are mindful that there are ongoing projects, but they must conclude within the stated period,” the ruling stated.

 

Previous Post

MPs weigh decentralised innovation strategy with new Technopolis legislation

Next Post

Govt expands Hustler Fund to bolster small business financing

Huldah Matara

Huldah Matara

Versatile multimedia journalist with a keen interest in compelling stories that resonate with my audience. Reach out on huldahmatara12@gmail.com

Related Posts

News

Private vs Public Pension Funds in Kenya

June 27, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025

LATEST STORIES

Private vs Public Pension Funds in Kenya

June 27, 2025

The mechanics of currency manipulation

June 27, 2025

Understanding how to access your pension savings in Kenya.

June 27, 2025

What happened to president Ruto’s economic dream?

June 27, 2025

Opinion: Populism feeds votes, not growth

June 27, 2025

Competitive advantages of small businesses

June 26, 2025

Opinion: Invest in sports for national prosperity

June 26, 2025

Ethiopia’s access to Eritrean ports is a game-changer for trade

June 26, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024