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"id": 132706,
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"speaker_name": "Mr. Mungatana",
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"legal_name": "Danson Buya Mungatana",
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"content": "Mr. Deputy Speaker, Sir, if you take the market share of Kenol/Kobil, Total and Shell Kenya, you will have about 70 per cent of the total market share within three companies. This Government must have priorities on what is strategic and what is not. About 75 per cent of the oil industry is in the hands of three players. We cannot have this kind of situation when the Government is sitting there. In 1981, this Government set up the NOCK whose role was supposed to be price stabilization of the oil market. The Government has watched and the Minister has confirmed that they just sat there as a big tender was floated and they lost it. A whole Government lost in a tender! If today, for whatever reason, our Government has difficulties with these multinationals and they raise the price of fuel, what will they do? How can they sit and surrender our sovereignty to multinationals? What pricing mechanisms do they have? I do not think this Question is being given the necessary attention it deserves."
}