The SGR Robbery: World Bank Says Kenya Overpaid Sh117 Billion for a Diesel Train 😳

Sh117 billion. That's how much the World Bank says Kenya could have saved on the Mombasa–Nairobi SGR if it had matched Tanzania's cost per kilometre 😳 And here's the part that hurts: Tanzania and Ethiopia built electric lines and still paid less. We paid the most, and we got diesel. We go through the numbers page by page: Sh988 million per km for Kenya vs Sh741 million for Tanzania and Sh689 million for Ethiopia, how the Sh117 billion adds up, why at least 30% of the overrun is blamed on governance and not terrain, and how the World Bank says corruption costs Kenya about 2% of GDP every year. Also on this episode: ⚡ Electric vs diesel: efficiency, maintenance, the climb from Mombasa and who pays for the fuel 🧮 What if Kenya had gone electric? Would your fare have dropped? 💰 Jimi Wanjigi's Sh55 billion claim: "inflated 10 times" 🇰🇿 Why Kazakhstan was the cheapest real railway, and what the claim looks like next to it ⚖️ Did Kenya overpay? Yes. By Wanjigi's margin? That's the question The figures are from the World Bank's Kenya Economic Update (November 2026), Business Daily and NTV; the rest is my opinion. Should Uhuru answer for this? Tell us in the comments 👇 CHAPTERS 0:00 The Story That Hit Business Daily & NTV 0:15 NTV: World Bank Says Kenya Overpaid 1:03 Sh117 Billion: Who Ended Up With It? 1:55 Why the Number Is Sh117 Billion 2:23 Kenya vs Tanzania vs Ethiopia 3:13 33% and 43% Pricier 3:59 How the Maths Adds Up 4:21 Governance, Not Terrain 4:49 Why Land Near a Railway Got Pricier 5:54 Outright Fraud 6:13 Corruption Costs Us 2% of GDP Every Year 6:53 "At Least Give Us Electric" 7:30 Electric vs Diesel: Efficiency 8:31 Running and Maintenance 10:02 Power on the Climb 10:57 Who Pays for the Fuel? 11:47 The Trade-Offs 12:58 The Kenya Twist 13:42 What If Kenya Had Gone Electric? 14:17 The Per-Km Maths 15:23 Still the Priciest 16:08 And the Deputy President? 16:34 What It Costs to Move the Train 17:45 Fuel Is Only Part of the Bill 18:00 Would Fares Have Dropped? 19:13 Jimi Wanjigi's Claims 19:59 "Sh55 Billion" 20:36 His Plan vs What Happened 22:17 "Inflated 10 Times" 22:55 Nzioka Waita's Response 23:26 Reality Check 24:21 Populism Politics 24:35 Wanjigi's Price vs Real Railways 25:45 Why Kazakhstan Was So Cheap 26:42 The Generous Reading 27:28 The 10x Maths 27:55 The Verdict: Did Kenya Overpay? 28:41 Uhuru Was Too Popular to Question 29:28 Naivasha to Malaba: It Gets Worse 29:55 I Just Need to Use My SGR SIGN UP ON LemFi using the IKONINI referral code, click on this link https://referral.lemonade.finance/inv... Iko Nini is a Kenya podcast that covers everything Kenyan entertainment, politics & social issues SUPPORT IKO NINI THROUGH CASHAPP $IKONINI BECOME A MEMBER FOR EARLY ACCESS & EXCLUSIVE CONTENT:    / @ikonini   #SGR #WorldBank #IkoNini