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"speaker_name": "Nakuru Town East, JP",
"speaker_title": "Hon. David Gikaria",
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"content": " Thank you, Hon. Speaker, for giving me this opportunity to give my input in this very important Motion. First of all, I want to thank you for the urgency with which you took the concerns of Kenyans when this matter was brought here by the two petitioners. You gave a timeline of two weeks, of course with an additional one week. We want to thank you most sincerely for that concern. I also want to thank the Chair and members of the Departmental Committee on Finance and National Planning on the effort they made to address this issue. If you look at the Report, stakeholders like the Kenya Association of Manufacturers, the Kenya Private Sector Alliance (KEPSA) and the Petroleum Institute appeared before the Committee to give their input. These are major players. They play a very big role in terms of pricing. They are the ones who consume most of the petroleum products. I was looking at where the Committee met with the matatu people but I did not see. They are the other major consumers of petroleum products. The stakeholders took note of the process of procuring oil into the country. All the stakeholders praised our tendering system, the open tender system. This has not only assisted Kenya in stabilising petroleum prices but it has also provided predictability of the prices within the one-month period when the review is done. I want to thank the Ministry. On the one part, the OTS is a system that has been taken over by not less than seven African countries because of its stability in pricing and how it works. That is a very good gesture for Kenya. The aspect of fuel pricing is about the tax regime. This was brought up clearly by the stakeholders. If you look at the landing cost vis-à-vis the taxes that we charge at 47 per cent, it is a huge element The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}