Treasury Cabinet Secretary John Mbadi has defended the government’s proposed privatization of the Kenya Pipeline Company (KPC), arguing it will generate significant revenue and free the firm from tight state budgets. This move aims to unlock investment and allow ordinary Kenyans to own a stake in the company.

• The initial public share sale is projected to raise Ksh100 billion for the government from KPC's Initial Public Offering (IPO).
• According to Mbadi, the privatization will support the 2025/2026 budget and enhance KPC's corporate governance.
• The government plans to raise Ksh149 billion from various privatizations during the 2025/2026 budget-making process.