Sakaja+on+track+for+record+revenue+of+Sh13+billion

Sakaja on Track for Record Revenue of Sh13 Billion

Nairobi City County is poised to achieve a historic revenue target of Sh13 billion in the current financial year, a significant increase from the previous record of Sh11 billion. This remarkable milestone is attributed to the unwavering efforts of Governor Johnson Sakaja’s administration to enhance revenue collection and streamline financial management. Under Sakaja’s leadership, the county has implemented a raft of measures to optimize revenue generation. These include: *

Digitization of Services:

The introduction of online platforms for services such as business permits, parking payments, and property rates has made it easier and more convenient for residents and businesses to transact with the county. *

Enhanced Revenue Collection:

The county has intensified its revenue collection drive, utilizing technology to identify and pursue defaulters. This has resulted in a significant increase in the number of businesses and individuals paying their dues. *

Transparency and Accountability:

Sakaja’s administration has emphasized transparency and accountability in revenue management. Regular audits and public reporting on financial performance have instilled confidence in residents and businesses. *

Expansion of Revenue Streams:

The county has explored new and innovative ways to generate revenue, such as the introduction of a congestion levy on vehicles entering the city center. The record revenue collection is a testament to the county’s commitment to sustainable development. The additional funds will enable the administration to invest in critical areas such as: *

Infrastructure Development:

The construction and rehabilitation of roads, drainage systems, and public utilities. *

Social Services:

Enhanced healthcare, education, and social welfare programs for vulnerable residents. *

Security:

Improved law enforcement and community policing to ensure a safe and secure environment. Governor Sakaja hailed the achievement as a collective effort of all stakeholders. He emphasized the need for continued collaboration and support to maintain the county’s financial stability and deliver on its development agenda. As Nairobi City County continues on its path to becoming a prosperous and sustainable metropolis, Sakaja’s team remains dedicated to unlocking new revenue streams, fostering economic growth, and providing essential services to all its residents.Nairobi Governor Sakaja Johnson on Track to Set Revenue Record

Nairobi Governor Sakaja Johnson on Track to Set Revenue Record

Nairobi Governor Johnson Sakaja is poised to make history as he approaches an unprecedented revenue milestone of Sh13 billion in the current financial year. With just days remaining before the end of the 2023/2024 fiscal period, the county has already collected Sh12.1 billion under its Revenue System. This figure surpasses the previous record set by any county chief and represents the highest revenue collected since the implementation of devolution in Kenya. Despite a revenue target of Sh19.9 billion, the county may face a shortfall due to severe weather conditions caused by El Niño rains, which impacted businesses in the city. Governor Sakaja attributes this remarkable achievement to the digitization of the county’s revenue streams. The cashless policy has enhanced transparency and addressed technical challenges in the revenue system. The introduction of the Unified Business Permit (UBP) has also simplified the process for businesses to pay their services, leading to improved compliance. During the 2022-23 financial year, Nairobi collected Sh8.16 billion out of the total Sh36.8 billion generated by all 47 counties in Kenya. In the 2021-22 fiscal period, the county collected Sh7.6 billion, significantly outperforming the worst-performing county that managed only Sh46 million. The UBP, launched earlier this year, consolidates business, fire, food, health, and advertising licenses into a single permit accessible through the Nairobi City County Government’s NairobiPay Revenue service. This initiative streamlines the licensing process, eliminating the issuance of multiple licenses. Governor Sakaja emphasized that the activation of the UBP is a transformative step that will enhance public service delivery. Nairobi businesses can now conveniently pay for their licenses online and receive an electronic unified business permit, improving the ease of doing business in the city. The UBP system eliminates the risk of revenue leakages associated with multiple service points and cumbersome permitting procedures. By leveraging technology, the Nairobi County Government under Governor Sakaja is setting a benchmark for efficient revenue collection and transparent public service delivery.Nairobi Governor Johnson Sakaja is on track to achieve a record revenue collection of Sh13 billion for the 2022/23 financial year, surpassing the previous record of Sh12.3 billion set in the 2021/22 financial year. According to the latest revenue collection figures released by the county government, the city has already collected Sh10.5 billion in the first nine months of the 2022/23 financial year, representing 81% of the target. The impressive revenue collection is attributed to the implementation of innovative revenue collection strategies, including the digitization of revenue collection, the establishment of a revenue surveillance team, and the introduction of mobile payment platforms. Governor Sakaja expressed his satisfaction with the revenue collection performance and commended the county revenue team for their hard work and dedication. He noted that the increased revenue will enable the county government to deliver on its key priorities, including improved service delivery, infrastructure development, and social welfare programs. The county government is targeting to increase its revenue collection to Sh15 billion in the 2023/24 financial year. This will be achieved through the continued implementation of revenue enhancement measures, the expansion of the county’s tax base, and the promotion of a conducive business environment. Overall, the record revenue collection is a positive sign for the financial health of the Nairobi county government and its ability to meet the needs of its residents.