Counties will for the first time receive over Ksh.400 billion in equitable share of revenue in the 2024/2025 financial year.

The National Assembly’s Budget and Appropriations Committee Chair Ndindi Nyoro said the amount was arrived at after an intense mediation with the Senate led by Deputy Speaker Kathuri Murungi.

"The equitable share to counties has gone up to historic levels, and will be Ksh.400.1 billion in the financial year 2024/2025," said the Kiharu lawmaker.

The mediation talks between Senate and the National Assembly were initiated after the two Houses failed to agree on the revenue that will be shared to the devolved units.

The National Assembly last month approved Ksh.391.1 billion as equitable share to counties as had been proposed by the National Treasury.

The Senate on the other hand drilled its feet on Ksh.415.9 billion as revenue to counties.

"Senators in the mediation were very firm and insisted that we must give counties more money...that is commendable," added Nyoro.

The Nyoro-led committee is holding more sessions with other stakeholders such as the Parliamentary Service Commission to defend the estimates.