Ndindi Nyoro Claims Talanta Stadium Is Being Built With Illegal Loans: “The Most Expensive Stadium”

Kiharu Member of Parliament Ndindi Nyoro has continued to criticize the government’s funding system for the Talanta Stadium, especially the use of the Sports Fund’s guarantee
The stadium, which is being built to meet CAF standards for the 2027 Afcon, is expected to cost KSh 44.7 billion and has state-of-the-art features such as VAR booths and a hydraulic roof.
Nyoro warned that the 15.04% interest bond could cost taxpayers more than KSh 144 billion in total, calling the approach fiscally irresponsible and politically motivated.

Kiharu Member of Parliament Ndindi Nyoro has continued to criticize the system that the government used to build Talanta Stadium.

View of Talanta Stadium in Nairobi. Photo: William Ruto.
Source: Twitter

The Talanta Stadium is being built to meet the standards of the Confederation of African Football (CAF) in preparation for hosting its first major event during the 2027 Africa Cup of Nations (Afcon).

Construction started last year and is expected to be completed soon.

The venue is designed for multi-use and will feature modern features such as a hydraulic tension cable roof, goal line technology, VAR stations, and VIP lounges.

Why Ndindi Nyoro opposes funding for Talanta Stadium

Its cost of KSh 44.7 billion has created controversy, especially regarding the government’s funding strategy.

Nyoro criticized the Sports Fund bond issued to support the project, which was listed on the Nairobi Stock Exchange under the President’s administration William Ruto.

The bond aimed to collect at least KSh 44 billion for a 15-year repayment plan, a move Nyoro called economically unsound.

Nyoro strongly objected to the government’s decision to finance the Talanta Stadium through the Sports Fund bond, warning that the strategy relies on future revenue to cover current costs, an approach he believes will burden tax payers over time.

Why is Ndindi Nyoro worried about the guarantee of Talanta Stadium

With the bond offering an interest rate of 15.04% and backed by the government, he estimated that interest payments alone could exceed KSh 100 billion over 15 years, pushing the total repayment to over KSh 144 billion.

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He condemned the plan as economically irresponsible, pointing to rising national debt, low interest from private investors, and reported pressure on NSSF directing pension funds in the project.

Nyoro compared the move to previous hidden debts and accused the government of prioritizing political motives.