The University of Nairobi is facing mounting financial pressure after an audit revealed that its short-term liabilities substantially exceed its current assets, raising questions about how the institution will meet its obligations to staff, suppliers and statutory agencies.
Findings examined by Parliament on Thursday, October 22, 2026, showed that the university was grappling with debts estimated at Sh20 billion, with auditors raising serious concerns about its ability to continue operating without financial support.
The findings, drawn partly from the institution’s 2021/2022 audit report, expose the financial strain facing one of Kenya’s oldest and most prominent public universities as the government and university managers grapple with…