President Ruto Oversees Sh708mn NYOTA Disbursement to Youth at Kasarani
The event also marked the launch of the NYOTA Business Start-Up Capital disbursement, with Sh258.4 million set aside specifically to support young entrepreneurs from the three counties. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
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President William Ruto on Monday oversaw the disbursement of Sh708.8 million to 14,176 youth from Nairobi, Kajiado, and Kiambu counties as part of the National Youth Opportunities Towards Advancement (NYOTA) Programme at the Moi International Sports Centre, Kasarani.
- Sh258.4 million has been allocated for the NYOTA Business Start-Up Capital component, supporting 10,337 young entrepreneurs.
- President William Ruto emphasized the NYOTA programme as a core pillar of the government’s Bottom-Up Economic Transformation Agenda.
- Each entrepreneur will initially receive Sh25,000, with Sh22,000 for business operations and Sh3,000 deposited into a Haba na Haba Savings Account with the National Social Security Fund (NSSF), with a further Sh25,000 in a second phase, totaling Sh50,000 per entrepreneur.
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President Ruto Oversees NYOTA Programme Fund Disbursement; Sakaja Waives Youth Business Permits - January 2026
President William Ruto oversaw the disbursement of funds under the National Youth Opportunities Towards Advancement (NYOTA) Programme. At an event at the Moi International Sports Centre, Kasarani, Sh708.8 million was disbursed to 14,176 youth from Nairobi, Kajiado, and Kiambu counties. A separate disbursement of KSh 258.4 million was also launched for young entrepreneurs in the same counties. President Ruto assured beneficiaries of continuous mentorship and training. To support this, Nairobi Governor Johnson Sakaja announced a two-year waiver on business permits and licenses for young entrepreneurs benefiting from the NYOTA Fund. This initiative for new startups aims to boost youth entrepreneurship and complements the national government and World Bank-supported programme.
