UoN Given Until December 1 to Explain How It Plans to Clear Ksh20 Billion Debt

Author: kenyans.co.kePublished on: October 25, 2026Country: Kenya
Business & Economy
UoN Given Until December 1 to Explain How It Plans to Clear Ksh20 Billion Debt

The University of Nairobi’s management must submit by December 1, 2026, a plan to clear its Ksh20 billion debt after lawmakers questioned its recovery strategy. Public Investments Committee chair Dick Maungu requested a report on proposed measures after hearing Vice-Chancellor Ayub Gitau and Deputy Vice-Chancellor Josiah Aduda. Auditor-General Nancy Gathungu’s report found a Ksh2.2 billion deficit, bringing the university’s accumulated deficit to Ksh8.8 billion, while tax and pension obligations stood at Ksh10.6 billion. Management cited an asset portfolio worth more than Ksh220 billion, but MPs want verifiable figures and a clear schedule for the recovery measures.

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