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AG clears Sh7.5bn mineral royalty sharing plan
Kisereti Yawa, one of the residents who were affected by the Mining Operations of the Base Titanium in Kwale County in this photo taken on 28th June 2022. PHOTO | KEVIN ODIT | NMG
Attorney General Justin Muturi has cleared regulations seeking to unlock the sharing of more than Sh7.5 billion in mineral royalties currently locked away at the Treasury in a major relief to host communities that have been waiting for their share of the mining dividends for decades.
The Treasury says in the 2022 Budget Review and Outlook Paper (BROP) released this week that Mr Muturi now wants the government to enact the Mineral Royalty Revenue Sharing Framework that guides how the billions would be shared among the national government, county governments and communities.
