Onyonka insists on evidence, not talk, on JKIA lease

Business
By Denis Omondi | Jul 29, 2024
Kisii Senator Richard Onyonka. [Spice FM]

Kisii Senator, Richard Onyonka, has challenged the government to make public documents of an alleged planned lease of the Jomo Kenyatta International Airport (JKIA) to Indian conglomerate, Adani Group, through its subsidiary Adani Airports Holdings Limited.

According to Onyonka, the Senate has not received a response from the government in regard to his petition aiming to compel involved parties to declare the terms, and conditions, of the deal.

"I want President Ruto to give us the documents. That's what the law says. There ought to have been a public participation involving all stakeholders. Kenyan employees might lose their jobs...and contrary to what the president has said, all airports are going to be managed by this company," said Richard Onyonka while speaking to Spice FM on Monday, July 29.

"There is no need for the president to talk. Instead, we need to use relevant institutions to probe whether the claims are true," he added.

Onyonka has insisted that Kenyans must be furnished with details of the company's directors, its local registration status, proof of undertaking similar assignment anywhere else, the memorandum of understanding between the company and Kenyan government, and any other valuable information.

President William Ruto, while addressing a town hall meeting in Mombasa on Sunday, July 28, refuted the claims adding that Kenya is seeking a Public Private Partnership (PPP) arrangement for the upgrade of the ageing airport to enhance its competitiveness in the aviation market.

Ethiopia and Rwanda have constructed new airports thus threatening the position of JKIA which is still the region's top facility.

"I've heard many people saying William Ruto wants to sell the airport. Am I a mad man? How do you sell a strategic national asset?" posed President Ruto.

Senator Onyonka, the presumptive whistleblower, has attributed some concerned Kenyans who, he says, have supplied him with worrying evidence.

Preliminary reports indicate that Adani group intends to invest a sum of Sh 246 billion in the airport with its sight fixed on an 18 percent annual return rate over the thirty-year lease period.

Kenya Airports Authority (KAA), which manages JKIA, has confirmed receiving a proposal from Adani in which the Indian investor intends to construct a new passenger terminal, a second runway and refurbish other unspecified facilities within the airport.

"The proposal will be subjected to technical, financial and legal reviews alongside requisite due processes in compliance with the Public Private Partnership Act 2021," said KAA Acting Managing Director Henry Ogoye.

KAA has also insisted that no jobs will be lost should the deal materialise.

Share this story
Can Kenyans buy Dangote refinery shares? Here is all you need to know
For someone in Kenya, buying the shares currently means navigating Nigeria’s capital market rather than using the local investment channels.
How tariff regime has slowed Kenya Power's revenue growth
Kenya Power’s profit rose to Sh24.99 billion in the year to June 2026, but revenue growth lagged behind a sharp increase in electricity sales, with the utility blaming the existing tariff regime.
How Kenya, Ethiopia are turning textile waste into jobs
Kenya and Ethiopia are integrating green and circular-economy skills into vocational training to equip young people with skills to turn textile waste into marketable products and businesses.
Kenya mulls raising Sh2.4 trillion to power green energy deals by 2030
Kenya aims to mobilise in excess of Sh2.4 trillion largely through public private partnerships to build power infrastructure in its bid to power the national grid with renewable energy by 2030.
High logistics costs threaten East Africa horticulture competitiveness
Horticulture stakeholders to meet in Nairobi next week to examine the trade and logistics bottlenecks affecting the movement of East Africa’s horticultural products.
.
RECOMMENDED NEWS