Tues 10th August 2027, Election Day
Kenyans will pay a consortium of French contractors Sh6.2 billion for the termination of the Nairobi-Nakuru-Mau Summit Toll Road, adding to the taxpayers’ burden of paying for cancelled projects.Disclosures by the Treasury show that the termination costs for the project are to be paid before the end of the current financial year ending June, with sources telling the Business Daily that payment is likely to be made before the end of this month.The government terminated the Sh190 billion (1.3-billion euro) highway expansion deal with the consortium made up of Vinci Highways SAS, Meridian Infrastructure Africa Fund, and Vinci Concessions SAS, citing, among other things, high toll fees.The push to have the Chinese contractor settle the Sh6.2 billion compensation bill and inherit works done by the French contractor, like the feasibility fees, was dropped during President William Ruto’s visit to China at the end of last month
Easy peasy heists