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{
    "id": 1157811,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1157811/?format=api",
    "text_counter": 191,
    "type": "speech",
    "speaker_name": "Kisauni, WDM-K",
    "speaker_title": "Hon. Mbogo Ali",
    "speaker": {
        "id": 13383,
        "legal_name": "Ali Menza Mbogo",
        "slug": "ali-menza-mbogo"
    },
    "content": " Thank you, Hon. Speaker. I wish to contribute to this matter. I also wish to identify with my colleague Hon. Wangwe who we used to work together in the industry. I had made a request for a Statement on this matter before we went for recess. At that point in time, the Government owed 54 oil marketing companies Ksh35 billion. I had requested for a Statement because I knew this was going to happen, and it has happened. The Kipevu Oil Storage Facility which is a government facility has enough fuel for the country. However, because of this cushion Fund that has been introduced, most oil companies cannot afford to take fuel from Kenya Pipeline Company (KPC) to their facilities because they need to raise invoices to the National Treasury which does not pay in time. Other than that, there is also an issue of Value Added Tax (VAT). The moment you raise an invoice, the Kenya Revenue Authority (KRA) is on your case demanding you pay for VAT on time. Out of the 54 oil marketing companies, 47 are indigenous owned companies. Only 7 companies are multinationals which have the capacity and financial muscle to take this heat. But the 47 companies are at the verge of collapsing and very soon they will close shop. If you do not believe me, we have these small companies which own to or three petrol stations that have all closed down and most of the workers have been sent home because of lack of petroleum products in the market."
}