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"speaker_name": "Sen. Billow",
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"content": "Thank you, Mr. Temporary Speaker, Sir. I also want to take this opportunity to add my voice to this very important Bill and from the outset, I want to support it. This issue of sharing natural resources has been one of the most vexatious issues in the world; not just in this country. In every nation you go to, it is one of the issues that people raise. When you look at the disparities, inequalities and skewed allocation of resources, one of the issues that people always raise is; “look, here we raise a natural resource, but we do not benefit from it.” Mr. Temporary Speaker, Sir, as the Committee on Devolution, we recently visited Mexico and we had an opportunity to meet with some academicians who run the universities in the main state which produces oil. But the interesting thing they told us is that although it is the only source of oil in that country, it is the poorest state in that country for the simple reason that they do not have a system for sharing the benefits of those resources in the country. They were surprised when we told them that we are working on the Natural Resources (Benefits Sharing) Bill and they could not hide their excitement. They asked us to give them a copy of that Bill because they had no idea, 50 The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}