{"id":213915,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/213915/?format=json","text_counter":109,"type":"speech","speaker_name":"Mr. M'Mukindia","speaker_title":"","speaker":{"id":271,"legal_name":"Kirugi Joseph Laiboni M'Mukindia","slug":"kirugi-mmukindia"},"content":"Mr. Speaker, Sir, that is why I cannot understand the mathematics, because US$70 a barrel, in fact, is for what we might call \"normal crude oil\". However, the Nigerian crude oil is a premium crude oil, which means it is priced even higher than US$70. At the price of US$70 a barrel today at 30,000 barrels per day, that is US$2.1 million a day, if my arithmetic is correct. This translates to almost over US$1 billion a year; it is US$700 million a year. The question is: Where does the Government spend this money and how?"}