By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Kenyan President Ruto Bows to Public Pressure, Withdraws Controversial Finance Bill Amid Protests
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
News

Kenyan President Ruto Bows to Public Pressure, Withdraws Controversial Finance Bill Amid Protests

Muhammad A. Aliyu
By
Muhammad A. Aliyu
ByMuhammad A. Aliyu
Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior...
Follow:
Published: 2024/06/26
2 Min Read
Share
President William Ruto of Kenya
President William Ruto of Kenya
SHARE

President William Ruto of Kenya has bowed to public pressure, refusing to assent to a contentious finance bill that introduced new taxes, which had sparked widespread protests across the country.

The Kenyan Parliament passed the bill on Tuesday, June 25, but the decision was met with fierce opposition from Kenyan youths.

Protesters, who had been demonstrating against the bill since it was first sent to Parliament a week earlier, escalated their actions by storming the parliamentary building, setting a part of it on fire, and causing lawmakers to flee for safety.

This intense public outcry led to President Ruto’s decision to withdraw the bill on Wednesday.

- Advertisement -

“I concede and therefore I will not sign the 2024 Finance Bill, and it shall subsequently be withdrawn,” Ruto declared in a televised address. “The people have spoken,” the president asserted, emphasizing his intention to initiate a dialogue with Kenyan youths.

Although President Ruto refrained from providing detailed plans for the upcoming dialogue, he hinted at potential austerity measures, including cuts to the expenses of his own office, as a way to address the concerns raised by the protesters.

The president’s decision has been widely hailed by many who have closely followed the week-long protests in Nairobi and other major cities across Kenya. These protests had, by Tuesday, resulted in the deaths of at least seven people, further intensifying the urgency for a resolution.

Prior to the president’s announcement on Wednesday, the general sentiment in Kenya was one of continued resistance, with many protesters vowing to persist if the presidency decided to move forward with the tax hikes stipulated in the finance bill.

William Ruto, 57, has served as the president of Kenya, an East African nation with a population of approximately 48 million, since September 13, 2022.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:KenyaWilliam Ruto
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article CBN Discontinues Foreign Exchange Price Verification System for Importers
Next Article Nick Imudia Former Konga CEO Nick Imudia Dies by Suicide in Lagos

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

News

EFCC Charges Man Over ₦603 Million Fake NNPC Job Appointment Scheme

By Adamu Abubakar Isa
3 Min Read
News

Migrant Boat Tragedy off Libya Leaves 53 Dead, UN Agency Says

By Adamu Abubakar Isa
3 Min Read
News

Appeal Court Says Senate Had Power To Suspend Natasha Akpoti-Uduaghan

By Oluwadara Akingbohungbe
2 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook