Cheruiyot Criticizes Nyoro Over Dangote's KPC Bid
Senate leader criticizes Nyoro's stance on Dangote's KPC investment
Senaate Majority Leader Aaron Cheruiyot has criticized People's Party of Kenya leader Ndindi Nyoro over his objections to billionaire Aliko Dangote's investment in the Kenya Pipeline Company (KPC).
Cheruiyot challenged Nyoro's interpretation of the KPC share transaction, accusing him of shifting his stance on the state corporation's valuation and privatization.
Dispute Over KPC Share Transaction
The dispute stems from Nyoro's claims that President William Ruto and Dangote are collaborating to gain control of the strategic oil pipeline entity.
Cheruiyot rejected the allegations, questioning why Nyoro opposes a commercial transaction that has generated substantial returns for public institutions.
Source: Nairobi Wire. AI-assisted summary.
