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{
    "id": 474732,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/474732/?format=api",
    "text_counter": 635,
    "type": "speech",
    "speaker_name": "Hon. Gichigi",
    "speaker_title": "",
    "speaker": {
        "id": 1909,
        "legal_name": "Samuel Kamunye Gichigi",
        "slug": "samuel-kamunye-gichigi"
    },
    "content": "Thank you, hon. Deputy Speaker. I had indicated that I was supporting the Bill. I was supporting the Bill because the Chair of the Departmental Committee on Environment and Natural Resources had indicated that they were going to bring serious amendments to the Bill that would reduce the powers of the Cabinet Secretary. There were very many provisions and several clauses that were vesting so much power on the Cabinet Secretary, in terms of appointing board members and approving applications for licences. Hon. Deputy Speaker, I am made to understand that in Norway; when they drill oil, a certain percentage of the royalty that is received by the Government goes to a kitty that is a reserve for posterity. I am hoping that the Committee on Environment and Natural Resources will bring that amendment. If it will not, I will. At least, 10 per cent of the money that we will be getting from our minerals and oil be put in a reserve or be invested for posterity. That way, our grandchildren and great grandchildren will find that we did not exploit what God had given this country in a selfish way. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}