At least 25,000 Public Service Vehicles (PSVs) from 444 Saccos in Nairobi have been targeted to contribute Sh1.8 billion in parking fees.

As outlined in the Nairobi City County Fiscal Strategy paper 2023 released on March 26, the county government is looking to raise parking fees from Sh1.87 billion to Sh3 billion.

“The highest collection from this stream was Sh2.03 billion realised in Financial Year 2015/16. The medium-term projections depict an increase to Sh3 billion starting from FY 2023/24, from the latest collection of Sh1.87 billion achieved in FY 2021/22,” the report. In the strategy, the county government aims to utilise all parking areas to increase revenue.

Collection of the Sh1.8 billion is part of nine plans the county will implement to achieve this. “Ensure collection of 444 Saccos and collect Sh1.8 billion from 25,000 PSVs at an average fee of Sh6,000 per month,” the report.

Another measure the county seeks to implement is to set targets for all street attendants and enforcers for all 12,000 parking slots countywide and collect Sh691.2 million.

Additionally, the county will enhance supervision at off-street and country buses and collect Sh43.2 million and Sh36 million respectively.

County will also enhance compliance through clamp towing. This will necessitate motorists to pay a fine for failing to pay parking fee on time.

Also, the county is eyeing 3,000 motorists to collect Sh120 million in private seasonal tickets each month.

These tickets give the holder access to park at one lot for a specified time frame. Part of the nine-point plan is to automate the collection at Sunken and country bus stations. County will also follow up on loading zone arrears for parking bays occupied by Government institutions.

Another plan is to target 3,000 PSVs terminating outside the central business district in an effort to collect Sh108 million.

In October 2023, Governor Johnson Sakaja signed County Finance Act 2023 that increased parking fees by more than 50 per cent.