Mbadi defends proposed National Infrastructure Fund amid court challenge
In a replying affidavit filed at the High Court in Nairobi, Treasury Cabinet Secretary John Mbadi said the entity approved by Cabinet in December 2025 is intended to mobilise more than Sh5 trillion from both public and private sources to finance large-scale infrastructure, includ..
✨ Key Highlights
The National Treasury has defended the proposed National Infrastructure Fund (NIF), clarifying it is a government-owned company and not a constitutional public fund, amidst a High Court challenge alleging its unconstitutional formation.
- The NIF aims to mobilize over Sh5 trillion from public and private sources for large-scale infrastructure projects.
- Treasury Cabinet Secretary John Mbadi stated the entity was approved by Cabinet in December 2025 and is designed as a limited liability company under the Government Owned Enterprises Act.
- The Treasury asserts that no public funds have been appropriated or expended yet, and the process is still within the Executive arm of government, subject to further reviews and parliamentary approvals where required.
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Treasury Defends NIF and Sh1 Trillion Borrowing Plan as Court Rejects Bid to Save Presidential Offices - February 2026
Treasury Cabinet Secretary John Mbadi has defended the government’s plan to borrow Sh1 trillion from local banks to finance the 2026/2027 budget, assuring that lenders have sufficient capacity without crowding out the private sector. The National Treasury also defended the proposed National Infrastructure Fund (NIF) amidst a High Court challenge, clarifying it is a government-owned company, not a constitutional public fund. In a separate matter, the High Court rejected an application to suspend a previous judgment that nullified the creation of presidential advisory offices. Justice Bahati Mwamuye ruled the request was res judicata, as the same arguments had been dismissed before.
