Sharp Daily
No Result
View All Result
Monday, November 24, 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

City Hall to build KES 290 million governor’s residence in Nairobi

Teresiah Ngio by Teresiah Ngio
October 31, 2024
in News
Reading Time: 2 mins read

City Hall is preparing to commence the construction of a KES 290 million official residence for the Nairobi Governor in Kilimani, with plans to compensate twelve families currently living on the designated land. Acting County Secretary Geoffrey Akumali confirmed that each family will receive KES 50,000 to facilitate relocation, a necessary step to clear the site for construction.

Speaking to the County Assembly Justice and Legal Affairs Committee, Akumali emphasized that establishing a governor’s residence has been a long-standing legal requirement, introduced during Kenya’s devolution period by the Transition Authority. “We are actually behind schedule because this is something that should have been done long ago,” Akumali stated, stressing the need to move forward with the project.

Initially, the county had allocated KES 500 million for the governor’s residence; however, the budget was revised to KES 290 million after Governor Johnson Sakaja opted against the offer, citing other funding priorities. As of now, KES 60 million has already been disbursed for the project, with construction expected to begin by the end of this month and completion slated for April 2025.

Committee Chairman Jared Akama pointed out that building an official residence for the governor is essential to ensure compliance with legal obligations and avoid audit issues. “This is a requirement of the law, and indeed, Nairobi is behind schedule. For now, it is important to clear the audit queries,” Akama said.

RELATEDPOSTS

No Content Available

The decision also takes into account financial concerns. In 2019, the Treasury reported significant monthly rental expenses, with KES 5 million allocated for governors, KES 4.51 million for deputy governors, and KES 3.75 million for speakers. These additional costs, along with transportation and entertainment allowances, add to the taxpayer burden.

Governor Sakaja has previously expressed reservations about the expenditure, highlighting his focus on directing funds to other community initiatives. In 2022, Sakaja suggested the money be allocated to small and medium enterprise (SME) development within Nairobi, stating, “I already have a place where I live; why do I need KES 500 million for another residence? Let’s work for our people.” Sakaja’s vision included using the funds to support local markets and job creation opportunities for Nairobi’s youth.

Previous Post

Kenya considers declaring Diwali a national holiday

Next Post

Nairobi County issues warning against fraudsters impersonating environment officers

Teresiah Ngio

Teresiah Ngio

Related Posts

News

Title. Sustainable Finance and Investing

November 22, 2025
News

Infrastructure Investments Poised to be the Next Development for African Countries.

November 22, 2025
News

REITS- Change in Ownership Structure.

November 22, 2025
News

The Next Face of African Development.

November 22, 2025
News

Mutual Funds in First- World Markets vs. Kenya: A Clear Comparison

November 21, 2025
News

Capital Raising in Kenya

November 21, 2025

LATEST STORIES

Title. Sustainable Finance and Investing

November 22, 2025

Infrastructure Investments Poised to be the Next Development for African Countries.

November 22, 2025

REITS- Change in Ownership Structure.

November 22, 2025

The Next Face of African Development.

November 22, 2025

Mutual Funds in First- World Markets vs. Kenya: A Clear Comparison

November 21, 2025

Why digital ecosystems need backup pathways for continuity

November 21, 2025

Capital Raising in Kenya

November 21, 2025

Capital Raising in Kenya.

November 21, 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