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Kenyans Urge Uhuru To Borrow From Ruto Instead As China Unveils Sh6 Trillion Development Kitty For Africa

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Chinese President Xi Jinping during the 2018 summit of the Forum on China-Africa Cooperation unveiled a Sh6 trillion kitty for Africa’s development and a new measure to strengthen Sino-Africa ties.

But Kenyans are not impressed as the country plunges further into the Chinese debt trap.

The money, the President who is attending the two day summit said “will be channelled to projects aligned to the Chinese government’s Belt and Road Initiative covering telecommunications, construction of roads, bridges and sea ports, energy, and human capacity development.”

This comes at a time when fuel prices have gone through the roof after the Treasury CS Henry Rotich okayed the 16 per cent tax on all petroleum products.

The President is yet to sign the  Finance Bill 2018 amendment which has been suspended twice since 2013.

Read: Dwayne Johnson AKA The Rock Shouts Out Kenyan Rapper, Stella Mwangi

Some social media users have advised the President to instead ask his deputy, William Ruto for a loan.

Here are some of the hilarious comments:

Kenyans are also decrying the high cost of living with a litre of Super Petrol retailing at Sh127 in Nairobi. This has prompted the increase in fares by 20 per cent.

Read: President Yoweri Museveni Questions ‘Sugar Bond’ Allowing Importation From Brazil

https://twitter.com/Igneous04079053/status/1036621492572905473

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Written by Eva Nyambura

Content creator at Kahawatungu.com | Passionate about telling the untold story. Lover of life, music and technology. Simplicity is KEY

Email: news@kahawatungu.com

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