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"speaker_name": "Hon. (Eng.) Gumbo",
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"content": "foundation is paramount because when we start from that foundation we will put the safeguard for ensuring that indigenous Kenyans, especially those who live around the areas where the resources are being exploited, are empowered to reap maximum benefit from those resources. It is also by looking at those agreements that we will put in them agreements into deliberate measures against foreign domination. Hon. Temporary Deputy Speaker, in the last Parliament, I had an opportunity to visit Nigeria as a member of the Energy, Information and Communications Committee. We visited Nigeria and Ghana. The reason we visited Nigeria was basically to see how to exploit natural resources. The reason we visited Ghana was to see a model of new economy that was exploiting the resources with the principles and protocols of transparency as is required by the extractive industry. What struck us when we went to Nigeria was that, that Government, even with its shortcomings, has made deliberate efforts to empower Nigerians to be major players in the exploitation of the natural resources. Today CAMAC Energy is prospecting for oil in Kenya. CAMAC is an indigenous Nigerian Company which came up as a result of that effort. We must do that here. Hon. Temporary Deputy Speaker, as I rush to conclude, we have talked about revenue sharing. As we look into revenue sharing, we must guard against barriers in costing. Hon. Temporary Deputy Speaker, as I rush to conclude, we have spoken about revenue sharing. As we look into the aspect of revenue sharing, we must guard against bogus expatriates, who come here and are over-priced just for the simple reason of doing the costing of those who are coming to exploit our mineral resources. The only way we will ascertain the success of this Bill when it becomes law is by how much it will transform the lives of the communities in areas with minerals and how much it to transform the economy of the Kenya as a whole."
}