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{
    "id": 184298,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/184298/?format=api",
    "text_counter": 37,
    "type": "speech",
    "speaker_name": "Mr. M.M. Mahamud",
    "speaker_title": "",
    "speaker": {
        "id": 373,
        "legal_name": "Mohammed Maalim Mahamud",
        "slug": "mohammed-mahamud"
    },
    "content": "Mr. Deputy Speaker, Sir, through the tender system that we buy crude oil, the stock we have today, is the one that was bought in July. We are now trying to source for fuel for December. This means that we are always three months behind when we are buying our stock. It does not mean that when the price changes today, to US$53 per barrel, we can change our pump prices immediately. Mr. Deputy Speaker, Sir, the stock that we have in the market today was brought in July. We will open a tender next week, which means that we are sourcing for fuel for December. The prices are behind by about three months."
}