Former UDA chairman Johnson Muthama has questioned the Sh240 billion deal between the government and the JKIA upgrade.

In a statement on X, Muthama questions whether the country lacks ideas on how to upgrade the infrastructure of its institutions.

He equates the deal to the Anglo Leasing and Goldenberg deals which ended up costing the country.

He notes that while Anglo Leasing and Goldenberg deals initially looked beneficial, they ended up being worse for Kenya.

At the heart of the proposal is a request by Adani to operate JKIA under a 30-year concession, during which the Indian firm would pay the Kenya Airports Authority a fixed annual fee.

According to the documents, Adani offers to pay KAA Sh6 billion per year for the first five years, with the fee rising to Sh6.7 billion by 2035 and climbing further in subsequent years.

  • Related Posts

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Eugene Wamalwa Sounds Alarm on Voter Bribery, State Interference Ahead of Malava By-Election.

    Eugene Wamalwa Sounds Alarm on Voter Bribery, State Interference Ahead of Malava By-Election.

    ICC Shock: Lawyers File Case to Indict President Samia Over Alleged Election Atrocities.

    ICC Shock: Lawyers File Case to Indict President Samia Over Alleged Election Atrocities.

    Maraga Declares Kenya Has Derailed, Accuses Leaders of Turning Citizens Into Subjects.

    Maraga Declares Kenya Has Derailed, Accuses Leaders of Turning Citizens Into Subjects.

    Gachagua Explodes: Demands IG Kanja Step Down Immediately Over Security ‘Cover-Up.

    Gachagua Explodes: Demands IG Kanja Step Down Immediately Over Security ‘Cover-Up.

    “Pregnant Imagination!” UDA Tears Into Gachagua as Election Tension Boils.

    “Pregnant Imagination!” UDA Tears Into Gachagua as Election Tension Boils.

    Shock in Odinga Family: Raila’s Sister Beryl Achieng Passes Away.

    Shock in Odinga Family: Raila’s Sister Beryl Achieng Passes Away.