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"id": 482449,
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"type": "speech",
"speaker_name": "Hon. (Prof.) Nyikal",
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"speaker": {
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"legal_name": "James Nyikal",
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"content": "petrol and diesel and these are known. Sometimes you hear people making comments that everybody knows that but what can you do? How can we tolerate that? I must call upon the Energy Regulatory Commission (ERC) to look at that area. Apart from being a bad practice, you are really damaging people’s vehicles and this is something that is known. There are complaints everywhere and nobody is taking any measures against that. Again, in that industry, there is the issue of the Competition Authority that has come here. The regulations as they are now favour the multinationals against the small independents. I think, economically, if we encourage and support people who are starting small and medium businesses, if we support them through tax and regulations, we will employ more people than putting regulations that favour the large industries. I support the idea of having the control of petroleum prices at the pump. That is okay but for the small independents and middle level people, that is controlled. However, the price at which they buy from the importers; the multinationals, is not controlled. So, what the multinationals do is basically to put the prices that they sell to those in the middle level, the independents, almost close to their pump prices. Why are we discouraging Kenyans who want to get into this industry and supporting the multinationals? I think my friend, hon. Langat, is not here but this is an area that we need to look at so that we support those people and leave everything to the multinationals who either import and distribute through their own systems or become their agents and then they give you a small margin of Kshs10 and give the agents about Kshs2. How then do we support local initiatives in small multiple ways that will employ more people?"
}