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{
    "id": 1106294,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1106294/?format=api",
    "text_counter": 183,
    "type": "speech",
    "speaker_name": "Nyando, ODM",
    "speaker_title": "Hon. Jared Okello",
    "speaker": {
        "id": 13457,
        "legal_name": "Jared Odoyo Okelo",
        "slug": "jared-odoyo-okelo-2"
    },
    "content": "The President admitted that we are losing a lot of money in a single day. Money that would have perpetuated our infrastructural development, expanded businesses and created an enabling environment for businesses to thrive is being lost to people who use it for their own selfish aggrandisements. In any business course, you are taught about economies of scale. That is where the volumes that are driven would create issues such as needs, more markets and, therefore, more money. On this, I am speaking specifically to what we have lately been confronted with, as a nation, which is the hike in fuel prices. We understand that the Government gets a lot of revenue from fuel taxes. A litre of petrol currently goes for over Kshs137, out of which Kshs.70, which is more than half of that, goes towards payment of taxes. The Government should be proactive enough to subsidise fuel levies so that we buy fuel at Kshs.90 – because nothing stops us from buying it at that amount – so that those who have chosen to park their vehicles at home would drive them to work. Consequently, fares that have since escalated would go down, many people would now jump into"
}