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January 8, 2026
23h ago

Govt Clarifies Use of NYOTA Funds to Repay Loans

Govt Clarifies Use of NYOTA Funds to Repay Loans

Amid the ongoing rollout of NYOTA funds, concerns have emerged that some beneficiaries may use the money for other purposes, including loan repayments...

✨ Key Highlights

The Kenyan government has clarified that funds from the National Youth Opportunities Towards Advancement (NYOTA) Project cannot be used to repay existing mobile overdraft loans, as the money is disbursed via a dedicated mobile application for business purposes only.

  • Cabinet Secretary Wycliffe Oparanya stated that the app prevents automatic deductions for loans and tracks usage.
  • Beneficiaries in the North Rift region receive Ksh22,000 for enterprises, with an additional Ksh3,000 for savings at the National Social Security Fund.
  • Approximately Ksh250 million has been disbursed to over 9500 youths in the North Rift, with strict warnings against using funds for betting.

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