The Kiharu legislator has sounded a fresh alarm over the country’s ballooning national debt, claiming that even the youngest citizens are entering the world already burdened by a massive financial yoke.
Speaking during a press conference on Monday evening to outline his new political trajectory, Ndindi Nyoro painted a grim picture of the national balance sheet. The MP revealed that Kenya’s total debt has now hit the 13 trillion shilling mark.
The lawmaker stressed that the pace of borrowing has reached unprecedented levels. He stated that the government is currently taking on new loans at a rate of billions of shillings every single day.
The "Birth Debt" Crisis
Mr Nyoro’s most striking claim focused on the individual burden placed on every Kenyan citizen. He argued that the national debt is no longer just a figure in government ledgers, but a personal liability for every resident.
"Every Kenyan including the one who was born today is born with a debt of 228,000 shillings," Nyoro said.
A "Silver Bullet" in the Soil
Despite the heavy debt figures, the Kiharu MP suggested there is a way out of the economic quagmire. He proposed a holistic growth strategy but identified one specific sector as the primary solution to the crisis.
"The silver bullet that we have as a country to come out of this issue of debt is oil and minerals," he stated.
Mr Nyoro pointed to the natural resources located in Turkana and Kwale as the keys to Kenya's financial freedom. He specifically mentioned the oil reserves in Turkana and the mineral deposits in Kwale as assets that must be protected from exploitation by narrow interests.
Protecting National Assets
The MP issued a stern warning to leaders involved in the management of these resources. He called for "mercy" on Kenyans, insisting that the wealth generated from Turkana oil must benefit the local county and the entire nation.
He cautioned that there are individuals "salivating" over the mineral wealth in Kwale. He vowed that he would not allow these resources to be compromised, as they represent the country’s best chance to settle its debts.
