Categories: News

President Ruto Persuades Kenyans to Embrace Adani-Gov’t Deal

President William Ruto has persuaded Kenyans to embrace controversial partnership between Adani Group and the government, saying the private partners have the potential to fund multi-billion projects in Kenya.

Speaking in Nakuru on Thursday 24, October 2024, the Head of State emphasized that partnering with Adani will relieve Kenyans from heavy tax-burden while also reducing overdependence on loans to finance mega-projects in the country.

READ ALSO: Raila Defends Adani Deal with The Government

While leading in the launching of the 35MW Orpower 22 Power Plant, at Menengai, President Ruto took pride in the decision to collaborate with Adani Group saying the private partner, “is investing in the transmission line with their own money Ksh 95 Billion.”

Hailing the partnership for its work that enabled Kenya to have the Nairobi Expressway, Ruto stated that the government would have lent heavy amount to finance development mega-projects, that would eventually put the repayment burden on Kenyans if the government would strictly fail to make a deal with the Adani Group.

Photo|Facebook[President William Ruto, during launching of 35MW Orpower 22 Power Plant, at Menengai,Nakuru]

According to Ruto, Adani’s investment means Kenya can now redirect her much needed resources to other pressing matters.

READ ALSO: “Get Us Another Investor to Facelift the Airport,” Silvanus Osoro Tells Kenyans Opposed to Adani Deal.

“It is important for us as a nation to appreciate that a partnership between the public and private sector gives us a win-win situation where we can deliver public services using the investment of private sector as a way supporting overall development in our country,” Ruto said.

Ruto’s sentiments come amidst serious backlash received from millions of Kenyans who have not welcomed the partnership between Kenya and Adani Group to lease the Jomo Kenyatta International Airport (JKIA) for renovations and to take control of it for 30-years from now.

Photo|Facebook [From Left: CS Energy Opiyo Wandayi and H.E President William Ruto]

Besides leasing the JKIA to Adani Group, the Indian firm is also aiming at finding its way to funding power transmission infrastructure in the country, in a deal with Kenya Electricity Transmission Company (KETRACO).

Branislav Moses Opudo

Recent Posts

4 Must-Visit Spots in and Around Nairobi

Paradise Lost, KiambuJust 20 minutes from Nairobi’s CBD, Paradise Lost in Kiambu feels like stepping…

2 hours ago

Google, Idris Elba Launch AI Programme to Support Nearly 100,000 African Creators

Google has partnered with British actor and entrepreneur Idris Elbau to expand access to artificial…

3 hours ago

Safaricom’s Share Incentive Plan Rewards Top Executives as Stock Value Surges

Safaricom's rising share price has significantly boosted the value of its employee share incentive programme.…

3 hours ago

Ol Kalou By-Election Violence Sparks Nationwide Alarm Over Rising Political Tensions

Severe political violence erupted during the Ol Kalou parliamentary by-election campaigns in Nyandarua County this…

12 hours ago

Kenya Allocates KSh7 Billion For Nithi Bridge Realignment To Boost Safety

Deputy President Kithure Kindiki announced that the national government has secured KSh7 billion to completely…

12 hours ago

Kenya’s Foreign Digital Tax Revenue Nearly Doubles After Tax Reforms

Kenya recorded a sharp increase in tax revenue from foreign digital companies in the 2025/26…

3 days ago