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Confusion surrounds City Hall plan to borrow Sh150m
Monday March 01 2021
By COLLINS OMULO
Confusion has rocked City Hall over a plan to borrow Sh150 million this financial year.
While the Nairobi County Assembly on Tuesday approved a motion authorising the borrowing for the year ending June 30, the executive says it did not request such funds.
The motion, moved by Deputy Majority Leader Peter Wanyoike on Tuesday, asked the assembly to authorise the request by the Finance CEC Allan Igambi to borrow Sh150 million for meeting expenditures during the financial year ending June 30, 2021.
Confusion has rocked City Hall over a plan to borrow Sh150 million this financial year.