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{
    "id": 788926,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/788926/?format=api",
    "text_counter": 180,
    "type": "speech",
    "speaker_name": "Hon. (Dr.) Nyikal",
    "speaker_title": "",
    "speaker": {
        "id": 434,
        "legal_name": "James Nyikal",
        "slug": "james-nyikal"
    },
    "content": "This is an extremely important Bill. It comes at a time when Kenya is now moving to an oil production stage. It will be among the countries that is producing oil. Experience has shown that the discovery of oil in a country may not be of much help in the economy. In fact, it may even cause problems in the economy. Therefore, there is need for a law. This law seems to meet that requirement very well. When you discover oil and then you rush to explore it, very many companies express interest to explore it. They need to be regulated and monitored. This Bill provides for that."
}