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Land rates review to tap extra Sh8 billion
Ministry of lands, Public Works, Housing and Urban Development Principal Secretary Nixon Korir addressing journalists during a joint memorandum presser by the State Department for lands and physical planning and the Land Sector players on transitional measures to allow registration of Long-term leases during the Geo-referencing of the properties at Ardhi House, Nairobi on August 3, 2023. PHOTO | BONFACE BOGITA | NMG
Land rates in Nairobi, Mombasa, Nakuru, Kisumu, Eldoret and Kiambu are set to go up after the Treasury approved the Ministry of Lands' request for a review in efforts to raise an extra Sh8 billion.
Lands Principal Secretary Nixon Korir told Parliament that the government collects Sh3 billion annually in land rates and rent that were last reviewed decades ago.
