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{
    "id": 1116994,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1116994/?format=api",
    "text_counter": 366,
    "type": "speech",
    "speaker_name": "Bonchari, ODM",
    "speaker_title": "Hon. Pavel Oimeke",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Deputy Speaker, for giving me a chance. I feel that the system here may be unfair. I have been sitting in this House from 2.30 p.m. and I did not get a chance. Let me first thank the Committee chaired by Hon. Gladys Wanga. They have done a fantastic job. However, whatever they have proposed is not sufficient. I am an expert in both energy and petroleum having worked with the regulator. I will pick a few areas that I feel they need to concentrate on. First is the structure of the stabilisation fund. We should change the name from the Petroleum Development Levy Fund to the Stabilisation Fund and ensure that it is properly anchored in law. A stabilisation fund must be a control; it is like a speed regulator. If we do not do that, the fund will be abused. Second, on the proposed advisory committee members, we need to bring in consumers and the Matatu Owners Association of Kenya so that this can be safeguarded. The issue of demurrage and the Petroleum Development Levy Fund needs to be reviewed downwards to a limit that can allow us to operate as a country. There are other levies and taxes that need to be keenly looked into."
}