Sakaja Announces Kshs. 12.8 Billion Revenue Collection for FY 2023/2024
By Shadrack Nyakoe
Nairobi Governor Johnson Sakaja has proudly announced that the county achieved a record-breaking revenue collection of Ksh. 12.8 billion for the 2023/2024 financial year.
This figure is the highest Own Source Revenue ever collected by any county in Kenya, representing an increase of Ksh. 2.3 billion from the 2022/23 financial year.
The significant milestone was accomplished due to the digitization of all revenue streams, which reduced wastage in the collection system.
This technological advancement allowed for more efficient and accurate revenue collection processes.
Despite facing challenges such as El Nino rains and floods, which severely disrupted businesses and normal operations, the county managed to surpass expectations. This impressive performance marks the highest revenue achievement since the advent of devolution in Kenya.
Sakaja’s administration has surpassed the previous record of Ksh. 12.1 billion set by his predecessor, Evans Kidero.
Although the county had initially set an ambitious target of Ksh. 19.9 billion, the current figures still demonstrate a notable improvement in revenue collection.
A significant contributor to this financial success is the introduction of the Unified Business Permit (UBP) by Governor Sakaja.
The UBP has streamlined the process for customers to pay for services, enhancing efficiency and ease of transactions. This initiative has played a crucial role in the county’s impressive revenue performance.
Governor Sakaja celebrated this achievement, highlighting it as a significant step forward in Nairobi’s fiscal management.
The record-breaking revenue collection not only underscores the county’s progress but also sets a new benchmark for other counties in Kenya. The administration’s focus on technological advancement and efficient service delivery has evidently paid off, positioning Nairobi County as a leader in revenue collection and financial management.
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