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{
    "id": 1124659,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1124659/?format=api",
    "text_counter": 209,
    "type": "speech",
    "speaker_name": "Sen. (Eng.) Maina",
    "speaker_title": "",
    "speaker": {
        "id": 75,
        "legal_name": "Ephraim Mwangi Maina",
        "slug": "ephraim-maina"
    },
    "content": "The Petition had initially been committed to the Committee on Lands, Environment and Natural Resources. However, through your office, it was recommitted to the Committee on Energy. We intend to table the report in the House in this session regarding our conclusion on the matter. During the period under review, the Committee pressed the Ministry of Petroleum and Mining to submit a regulation on the Petroleum Development Levy. The CS informed the Committee that the regulations are currently at the public participation stage. The relevant Bill is in Parliament currently. Madam Deputy Speaker, of importance to note is that the funds of the Petroleum Development Levy, which was supposed to cushion consumers of oil products like fuel and paraffin is right now in the control of the National Treasury. It is the view of the Committee that this fund should be under an independent regulator. Presently, there is a Bill undergoing public participation and it will regularize this matter."
}