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Revenue Crisis Hits Nairobi as Controler of Budget Warns of New System

Nairobi Governor Mike Sonko in his office
Nairobi Governor Mike Sonko in his office

Nairobi County could be losing millions of shillings in revenue thanks to the new collection system powered by the national bank.

Sources from the Controller of Budget indicate that the county had only collected Sh 4.6 billion as at January 31st this year, compared to Sh 5.3 billion collected the same time last year.

This represents a Sh700 million less as we approach March when the county collects the highest amount ever.

The COB has raised questions on the deal City Hall signed with National Bank in revenue collection, noting that the bank is likely making more at the expense of taxpayers by overcharging on services rendered.

City terminated its contract with JamboPay early last year, but the new system run by the national bank has remained a mystery.

Our investigations reveal that the parking department provides a lot of loopholes, through which revenue is being diverted .

It has also emerged that the Ethics and Anti Corruption Commision will from next week launch investigations on revenue collection in Nairobi.

The Auditor General has also raised a red flag on the new system, a development that could put governor Mike Sonko in more trouble.

Leaders in the county, led by Senator Johnson Sakaja and former majority leader Abdi Guyo have previously raised concerns about the decline in revenue collection.

About Edwin Ochieng

Edwin Ochieng is living true to the calling of Journalism, He is passionate about issues of Business and Politics. Edwin Ochieng is a graduate from St Paul University and East African School of Media Studies (EASMS).

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