C
Originally published by Capital Business
📰 Read Full Article
business
July 3, 2026
2h ago

Moi University seeks Sh11bn bailout to clear staff dues, finish projects

Moi University seeks Sh11bn bailout to clear staff dues, finish projects

Appearing before a National Assembly committee, Acting Vice-Chancellor Kiplagat Kotut said the university requires Sh6.67 billion for recurrent expenditure and Sh5.3 billion for development projects...

✨ Key Highlights

Moi University is urgently seeking a Sh11 billion government bailout to address critical financial needs including staff dues and stalled projects.

  • The university requires Sh6.67 billion for recurrent expenditures and Sh5.3 billion for development projects.
  • The appeal was made by Acting Vice-Chancellor Kiplagat Kotut before a National Assembly committee.
  • Key needs include Sh1.92 billion for payroll, Sh3 billion for unremitted staff deductions and pension contributions, and funds to complete projects like the Science Complex and renovate student hostels.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement
Advertisement