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{
    "id": 1124660,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1124660/?format=api",
    "text_counter": 210,
    "type": "speech",
    "speaker_name": "Sen. (Eng.) Maina",
    "speaker_title": "",
    "speaker": {
        "id": 75,
        "legal_name": "Ephraim Mwangi Maina",
        "slug": "ephraim-maina"
    },
    "content": "Madam Deputy Speaker, the Committee informed the Ministry of Petroleum and Mining that the funds of the Petroleum Development Levy (PDL) should be under the control of the Ministry of Petroleum and Mining. When this Bill is passed, that is what it will aim to achieve. During the period under review, the Committee engaged the Ministry of Energy on the cost of electricity for domestic and commercial consumption. The Committee has learned that taxes and levies are the major cause of high electricity bills in the country. The Ministry keeps telling us that the high cost of fuel and electricity bills is due to high Government taxes levied on these two items. As we are all aware, the Executive has ordered that the prices must come down in December, so we are all waiting for that. Madam Deputy Speaker, the Committee invited the National Treasury and the Ministry of Petroleum and Mining to discuss this matter. We are still following it. Allow me to say on record that the Committee has engaged the Ministry of Petroleum and Mining regarding the cost of petroleum products. The Ministry of Petroleum and Mining has always indicated that taxes and levies are the major contributor of the high fuel prices. We, as the Senate, it is unfortunate that it does not have the mandate on taxes and levies. It is, therefore, upon the National Assembly to ensure that taxes and levies on petroleum products and electricity are reduced. We hope that this Bill will achieve that. Madam Deputy Speaker, as I conclude, the Committee intends to carry out the following key activities during the next quarter- (1) It will continue to engage the Ministry of Petroleum and Mining on- i. The National Oil Corporation of Kenya (NOCK) and its current financial status owing to the unending uncertainty in actual financing and project fund disbursement. ii. The cost of petroleum products. iii. The cost of liquid petroleum gas. iv. Strengthening of the infrastructure and storage capacity of petroleum products. (2) The Committee intends to meet with the Ministry of Energy on- i. Lowering the cost of electricity to Kenyans"
}