Ndindi Nyoro Blasts Talanta Stadium Financing, Calls It “Most Expensive Stadium”

Nairobi, Kenya – 20 Nov 2025 – Kiharu MP Ndindi Nyoro has raised concerns over the government’s financing of Talanta Stadium, describing it as fiscally irresponsible and politically motivated

The stadium, currently under construction to meet Confederation of African Football (CAF) standards for the 2027 Africa Cup of Nations (Afcon), is expected to cost KSh 44.7 billion

It will feature modern facilities including VAR booths, goal-line technology, a hydraulic tension cable roof, and VIP lounges

Nyoro criticized the government’s decision to finance the project through a Sports Fund bond issued under President William Ruto’s administration and listed on the Nairobi Securities Exchange

The bond carries a 15.04% interest rate and is expected to raise at least KSh 44 billion over a 15-year period

“The financing model relies on future income to pay for current expenses, which will place a heavy burden on taxpayers,” Nyoro said

He warned that the total repayment, including interest, could exceed KSh 144 billion, far above the stadium’s construction cost

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The MP also raised concerns over the government’s alleged pressure on the National Social Security Fund (NSSF) to channel pension funds into the project, drawing parallels with previous hidden liabilities

Construction of Talanta Stadium began last year and is expected to be completed in time for its first major event during the 2027 Afcon

The stadium is designed for multiple uses, aiming to boost Kenya’s sporting infrastructure and host international events

Writer : Mweru Mbugua