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Tuesday, November 14, 2017
The Kenyan government has proposed in a draft bill to give 30% of any future oil revenue earned to the communities where the resources were discovered. This is an increase in a previous stance the government had regarding revenues for local communities.
Prior to the proposed 30%, the country had said it wanted to cap the revenue at 22 billion shillings, or around $213 million. According to the government, this was because it had concerns over the absorption capacity at a community level.
The proposal had angered local officials and the governor of Turkana, JosphatNanok, who traded harsh words with President Uhuru Kenyatta over the issue when Kenyatta visited Turkana in March.
Nanok wanted the government to give 20% of the revenue to the local authority and 10% to the local community according to a Reuters report.
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