Gachagua alleged that powerful individuals had identified areas with valuable minerals and were allegedly acquiring the land for their own interests.
"Our mines, our minerals are being stolen every day. These guys have mapped all lands that have minerals and are acquiring them," Gachagua said.
He claimed that the Magadi area contains valuable resources, including lithium, gas and oil, and suggested that this could be behind what he described as efforts to scare away investors.
Gachagua challenged President Ruto to allow public participation involving residents before any decision is made to close or interfere with companies operating in the area.
According to him, a company that was recently closed played a major role in supporting the local community.
He said the company provided banking and health services because it owned the only bank and hospital serving the area.
"The economy of the area depended on the company," Gachagua said.
He further argued that the company was important beyond employment, claiming that soda ash used in water purification also came from its operations.
"Soda ash used for purifying water is from that company, and El Nino is coming," he said.
Gachagua accused the President of being driven by greed, alleging that the government's interest in the area was connected to attempts to take control of the land.
However, he insisted that his political allies were not opposed to development and instead wanted more factories established to create fair competition and expand economic opportunities.
"That land does not belong to the government of Kenya. That land does not belong to William Ruto," Gachagua declared.
The former deputy president compared the situation to the actions of former Ugandan president Idi Amin, who expelled Asians from Uganda decades ago, a move that severely affected the country's economy.
He warned that Kenya could send the wrong message to potential investors if companies that had operated for generations could be shut down through government action.
"If a president can wake up one day and shut down a factory that has been in existence for more than 100 years, then who is going to invest in Kenya?" he posed.
Gachagua maintained that residents must be involved in decisions affecting their land and economic future.
He said public participation was necessary because the land belonged to the people and not the President.
"The president cannot give an executive order to land that does not belong to him. That is impunity," Gachagua said.
He said the company provided banking and health services because it owned the only bank and hospital serving the area.
"The economy of the area depended on the company," Gachagua said.
He further argued that the company was important beyond employment, claiming that soda ash used in water purification also came from its operations.
"Soda ash used for purifying water is from that company, and El Nino is coming," he said.
Gachagua accused the President of being driven by greed, alleging that the government's interest in the area was connected to attempts to take control of the land.
However, he insisted that his political allies were not opposed to development and instead wanted more factories established to create fair competition and expand economic opportunities.
"That land does not belong to the government of Kenya. That land does not belong to William Ruto," Gachagua declared.
The former deputy president compared the situation to the actions of former Ugandan president Idi Amin, who expelled Asians from Uganda decades ago, a move that severely affected the country's economy.
He warned that Kenya could send the wrong message to potential investors if companies that had operated for generations could be shut down through government action.
"If a president can wake up one day and shut down a factory that has been in existence for more than 100 years, then who is going to invest in Kenya?" he posed.
Gachagua maintained that residents must be involved in decisions affecting their land and economic future.
He said public participation was necessary because the land belonged to the people and not the President.
"The president cannot give an executive order to land that does not belong to him. That is impunity," Gachagua said.