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"id": 788370,
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"type": "speech",
"speaker_name": "Hon. ole Sankok",
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"legal_name": "David Ole Sankok",
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"content": "It is very important for us to think as a country. I would like the Departmental Committee on Energy to stress much on conflicts that may arise due to discovery of natural resources. It is also important for us to note that in any civilised nation, we have three very important factors of production. One is the human resource and the other is raw materials. Energy resource is just as important as the other two factors of production. In Kenya we have stressed so much on the two factors of production leaving out energy which is a very important or crucial factor of production. We have concentrated on acquisition of knowledge and development of skills by training our human resource and we have also concentrated on the raw materials, but we have forgotten energy as a very important factor of production. That is why we have an exodus of our trained human capital as well as exportation of raw materials because we have not concentrated on the very important factor of production that is energy. That is why you find that production has become very expensive in our country. Factories in our country are making massive losses not necessarily because they do not have the skilled and trained human resources and raw materials. We have raw materials in abundance. It has been due to lack of energy. When energy is available, it is very expensive. I would also like to advise the Committee whose Chair, Hon. Gikaria, is here, that we should also try to concentrate on reducing the price of our energy. The only way we can do that is by reducing monopoly. When we have monopoly of any product, prices will shoot up and people will not have any other alternative. There was a time we had Safaricom as a monopoly in the market, for instance. A sim-card then cost around Kshs2,500. To buy it was like having a title deed. You were asked the name of your chief and your Identity Card (ID) number to own a sim- card. It was very costly. I remember, to make a call for one minute, would cost you around Kshs76. But when the monopoly of Safaricom was reduced, the same call of one minute came down to almost Kshs1 or Kshs2. So, monopoly sometimes increases prices. The Departmental Committee on Energy should try as much as possible to attract more investors to this country by making laws that are friendly to investors so that they can come in abundance and we shall then have many people giving us this product."
}