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How Uhuru's Subsidies Killed Economy  – Ugenya MP

  • Ugenya MP David Ochieng scoffed at the Azimio coalition for blaming President William Ruto and his administration for the current economic problems in the country.

    In an interview on Citizen TV the Ugenya lawmaker blamed former president Uhuru Kenyatta for focusing too much on 2022’s general elections instead of concentrating on issues that really mattered to Kenyans.

    He added that Kenyans had already accepted that the country was broke due to the challenges they continued to face.

    File image of Ugenya MP David Ochieng'

    File image of Ugenya MP David Ochieng’

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    “We were in this situation even before the elections, what we kept doing was adding the steroids to the situation,” the Ugenya MP noted.

    He further argued that the introduction of maize flour and oil subsidy programs as a move to cushion Kenyans against hard economic times dealt a huge blow to the country’s economy.

    According to the Movement for Democracy and Growth (MDG) Party leader, the implementation of the subsidy programs initiated by the former administration was marred with corruption. 

    “A majority of the subsidized maize flour did not reach the common mwananchi in the rural area because most of it was only found in supermarkets,” Ochieng indicated.

    The former Azimio member who decamped to Kenya Kwanza shortly after the August 9 elections also indicated that the difference in the subsidy and the actual price of oil at the pump was too huge due to corruption.

    He insisted that the oil subsidy did not have a huge effect as intended because only a few people benefited from the program as a lot of money was lost in the chain of distribution raising the country’s debt ceiling.

    Ochieng decamped from Azimio even before he was sworn in as an MP and was received in Kenya Kwanza by President William Ruto and has since become his staunch defender. 

    Azimio leaders have often blamed President Ruto’s administration for the high cost of living and the economic challenges facing Kenyans.

    Led by Raila Odinga, the Azimio chiefs have often blamed the Kenya Kwanza government for playing politics while leaving Kenyans to suffer the effects of the high cost of goods. 

    Maize flour stocked at a supermarket in Kenya

    Maize flour stocked at a supermarket in Kenya.

    File

    corruption

Beryl Onyango

Beryl Onyango is a CPA and economics degree holder who has dedicated her career to helping others navigate the complex world of finance. Beryl has spent the past 3 years working as a finance specialist in a fintech company and has 6 years of experience in finance, working with a diverse range of clients and industries. Beryl's expertise lies in budgeting, saving, investing, and retirement planning, but she also has a deep understanding of various other areas of finance. She is interested in financial technology and how it changes how we manage our finances. As a finance writer, Beryl has been sharing her insights and knowledge through her writing, covering various finance and personal finance topics. Her goal is to educate and empower individuals to take control of their finances and achieve their financial goals. In addition to her professional experience, Beryl is a lifelong learner, always seeking to expand her knowledge and stay up-to-date with the latest developments in finance. She is also a strong communicator, able to explain complex financial concepts in a clear and easy-to-understand manner. Beryl believes that financial literacy is the key to achieving financial success, and she is dedicated to helping others achieve their financial goals.

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