Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 473423,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/473423/?format=api",
    "text_counter": 386,
    "type": "speech",
    "speaker_name": "Hon. Musimba",
    "speaker_title": "",
    "speaker": {
        "id": 1804,
        "legal_name": "Patrick Mweu Musimba",
        "slug": "patrick-mweu-musimba"
    },
    "content": "Thank you, hon. Temporary Deputy Speaker for this opportunity. I want to, indeed, commend the Committee for delivering this Bill to this House. I think this heralds a big opportunity for this nation to finally stand on the ground that we are, indeed, a wealthy nation. Planning this wealth is not to procrastinate, it is just to put the mappings which they have put in place, which I think will take us far. As I look at the proposals such as the establishment of a minerals exchange, I think it is imperative to look at it from the perspective that we have now legislation which puts into place our futures market. A lot of concern has been the gap between prospecting and identifying what minerals we have and actualizing the sums towards our natural development. The case in point is like the oil that we have discovered. We have discovered in excess of 800 million barrels of oil, which translates to over US$800 billion. Today if that money were to be rolled out into this economy, it would wipe out entirely our national debt and that of our neighbours and take us way beyond Vision 2030. In terms of looking at this and the potentiality, when do we actualize this dream? That it does not remain futuristic as the legislation that we, indeed, are trying to repeal which was enacted in 1940; that it does not take us another 50 years to actualize this dream."
}