Ndindi Nyoro: If Finance Bill 2024 is rejected HELB will lose Ksh3.2B, JSS teachers won’t be employed

Kiharu Constituency Member of Parliament Ndindi Nyoro has strongly defended the Finance Bill 2024, stating that rejecting it will have negative impacts on the country.

Speaking during the morning parliament session, Nyoro explained that several key government organs will be affected, with the State House and the Office of the President expected to lose Ksh451 million each.

Finance Bill 2024 consequences

He added that the security organs, led by the defence docket, would face a loss of Ksh7.75 billion, while some constituency projects would lose Ksh800 million.

Nyoro, who is also the Chairman of the Budget Committee, added that if the National Treasury is not allocated more funds, the Higher Education Loans Board (HELB), the National Government Constituencies Development Fund (NGC-CDF), and Junior Secondary School (JSS) teachers will all be adversely affected if the bill fails to pass.

"I have a communication from the National Treasury on the consequences if the Finance Bill 2024 does not pass. If the bill is rejected, there will be a reduction of Ksh451 million from the State House Office of the President. Security organs and defense will lose Ksh7.75 billion, while constituencies will face a reduction of Ksh800 million. The Higher Education Loans Board (HELB) will lose Ksh3.2 billion, and there will be no funding for Junior Secondary School (JSS) teachers," Nyoro stated.

"The National Government Constituencies Development Fund (NGC-CDF) will see a reduction of Ksh15 billion, which translates to Ksh50 million per constituency. Additionally, the money appropriated for electricity, which is Ksh50 million per constituency, will be cut, and the Coffee Cherry Fund will lose Ksh1 billion," he added.

Finance Bill opposers

Nyoro warned that MPs who vote against the bill will have the responsibility of explaining to citizens why JSS teachers are not hired and why roads are not constructed.

"My plea is that, if possible, the House Business Committee bring the Appropriation Bill forward this afternoon. This would allow the decision we take to cascade the proposed cuts accordingly and finish the entire business. Those voting for or against the bill are expected to explain their decisions to Kenyans. Those who vote against the proposed Ksh15 billion increase for roads should communicate this to the public eloquently," he said.

The sessions in parliament continued amid protests outside the parliament and in major cities across the country.

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