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{
    "id": 496606,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/496606/?format=api",
    "text_counter": 113,
    "type": "speech",
    "speaker_name": "Hon. Nyenze",
    "speaker_title": "",
    "speaker": {
        "id": 1987,
        "legal_name": "Francis Mwanzia Nyenze (Deceased)",
        "slug": "francis-mwanzia-nyenze"
    },
    "content": "Hon. Speaker, there are other unions the world over. Whenever you have a union, you pull so many people together. You create a market and demand for goods. When you come together like that, other countries want to do business with you because you are such a big market. When eventually this monetary union becomes a political union, it will be one country, one day. That is our belief. When we become one country of over 150 million people, with a big GDP, everybody will want to trade with East Africa, because we will have discovered hydrocarbons. By the way, those people who are saying Kenya has advantages over other countries because of a slightly bigger economy, I want to tell them why they are wrong. Tanzania has discovered a lot of offshore gas. They have the biggest deposits of gas discovered next to their coast and it is the second biggest to that one in Mozambique. So, Tanzania is poised to be exporting a lot of gas in the near future. Kenya will benefit more from this monetary union because Kenya has very well trained personnel. In fact, we are talking about joblessness and unemployment. This is the way to go because we have so many educated Kenyans."
}