President William Ruto on Wednesday defended the government's mandatory deductions toward the national social savings scheme, primarily channelled through the National Social Security Fund (NSSF).

Speaking during the installation of Kenya's youngest Vice Chancellor at the Co-operative University in Karen, Ruto said the government was targeting Ksh1 trillion in savings over the next two years. "From independence to 2023, we saved Ksh320 billion - that's over 60 years.

But in just two years, we have saved Ksh280 billion.

By the end of this year, we will have doubled what we saved in six decades," Ruto stated.