NAIROBI, Kenya, July 5 – Revenue collected by Nairobi County hit a record high of Sh12.8 billion in the 2023–2024 financial year (FY) that ended July 31, buoyed by improved collection in various sectors.
The administration had in the last fiscal year set targets across various revenue streams, including Sh5.6 billion for rates, Sh3 billion for single business permits, Sh3 billion for parking fees, Sh1.8 billion for building permits, and Sh1.2 billion for billboards and advertisements.
Nairobi’s collection makes it the largest own-source revenue earner across all the 47 devolved units.
Governor Johnson Sakaja attributes this to the digitization of revenue streams and the reduction of waste in the collection system.
“Nairobi broke the collection record due to digitization and reduction of wastage in the collection system,” Governor Sakaja announced.
According to Sakaja, this modernization effort has streamlined the revenue collection process, enhancing efficiency and accountability.
Sakaja emphasized that the county government will continue to invest in technology and implement innovative solutions to further improve efficiency and transparency in revenue collection.
He, however, decried the negative effects of the anti-finance bill protests that rocked several parts of the country, with the epicenter being the capital, Nairobi.
According to Sakaja, city hall loses close to Sh700 million daily owing to the demonstrations that hampered businesses in the city and its environs.
