Uhuru opens 27-storey CBK Pension Towers in Nairobi

By , K24 Digital
On Thu, 26 May, 2022 15:50 | 2 mins read
President Uhuru Kenyatta officially opens CBK Pension Towers in Nairobi. PHOTO/Courtesy

President Uhuru Kenyatta on Thursday presided over the opening of the new Central Bank of Kenya (CBK) Pension Towers situated in the Nairobi Central Business District (CBD).

Uhuru said the magnificent building is the fruit of decades of dedicated service to the nation by the senior citizens, a towering symbol of a legacy of good works, and proof of the wisdom of investing in the future.

“What is also admirable about the construction of this building is that it was fully financed from internal resources of the Pension Fund, with no contribution from the Central Bank of Kenya (CBK).

“You, our senior citizens, it is your hard work that provided the resources to construct this magnificent edifice.

"I am confident that the returns arising from this investment will return a healthy dividend, thus providing financial resources that will take care of you and afford you a comfortable retirement,” Uhuru said.

Uhuru on Inua Jamii Program

Uhuru said his government has over the last 10 years significantly improved the welfare of senior citizens in the country.

“It is often stated that one of the best measures of how progressive a country is; is how it treats its older citizens. And by that measure, Kenya has over the last decade dramatically improved the way we treat our senior citizens,” the President said.

The Head of State added that he was proud to be the first Kenyan President to institutionalize a framework for supporting senior citizens through the “Inua Jamii Program” that currently has over one million beneficiaries, in recognition of their contribution to the development of the nation.

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