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{
    "id": 513606,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/513606/?format=api",
    "text_counter": 256,
    "type": "speech",
    "speaker_name": "Sen. Murungi",
    "speaker_title": "",
    "speaker": {
        "id": 93,
        "legal_name": "Kiraitu Murungi",
        "slug": "kiraitu-murungi"
    },
    "content": "Thank you, Mr. Temporary Speaker, Sir. I also rise to support this timely and important Bill. As the Bill itself states in its Memorandum of Objects and Reasons, this is a Bill whose principal purpose is to provide a legislative framework for establishment and enforcement of a system of benefit sharing in resource exploitation between resource exploiters, the national Government, the county governments and local communities and to establish the NRBSA which is established in Clauses 5 and 6 of the Bill. This Bill seeks to address a very fundamental question. Indeed, the stories about Africa’s resource curse have been discussed all over in academic circles, in the media and even private forums. This curse, simply defined, is a curse whereby Africa is blessed with abundant natural resources. However, it is also cursed in the same area where these resources are found with the poorest people. This is what Franz Fanon called “the wretched of the earth”. Mr. Temporary Speaker, Sir, if you look at what has happened in the Middle East; those desert economies have been transformed by oil and gas. They are now the financial capitals of the world because they have been transformed by their natural resources. If 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."
}