Alternative Africa

Top Menu

  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

Main Menu

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
Sign in / Join

Login

Welcome! Login in to your account
Lost your password?

Lost Password

Back to login
  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

logo

Alternative Africa

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
  • Nigeria announces new ambassadors to UK, US, others

  • A third of covid-19 patients readmitted to hospital with heart problem-Study

  • Egypt signs agreement for $23 billion first high-speed electric train

  • Doctor shares shocking image of Covid-19 damaged lung, worse than smokers

  • Joe Biden to prioritize legal status for millions of immigrants

BusinessEnvironmentNews Now
Home›Business›Kenya ready for oil production

Kenya ready for oil production

By PSJ Africa
May 19, 2018
952
0
Share:

NAIROBI, 19 MAY 2018, — President Uhuru Kenyatta today announced that the production of oil from the Turkana oilfields will start without any hindrance after an agreement was reached on the sharing of revenue.

The President, said the revenue from oil will be shared on the basis of 75 percent for all Kenyans through the National Government, 20 percent to the county government and five percent will go to the local community.

The Head of State spoke after a deal was struck on the Petroleum (Exploration and Production) Bill specifically as regards to provisions for revenue sharing.

“We now have an understanding that can put Kenya on the map of oil exporting countries. We will intensify our exploration efforts not just in Turkana but in the rest of the country now that we have a legal instrument that can help guide how oil and gas will be handled in our republic,” said the President at State House, Nairobi.

The President was joined by Deputy President William Ruto and leaders from Turkana led by Governor Josphat Nanok.

President Kenyatta thanked Governor Nanok and the other leaders from Turkana for their initiative to find a quick resolution of the outstanding issues.

The governor said the leadership and the people of Turkana are now fully in support of the exploration and production of oil after the disagreements were resolved.

He said the Council of Governors, which he chairs, is also satisfied in how the issue was resolved.

“The impediment that the Turkana people were concerned with and even the council of Governors raised in its petition to Parliament has now been discussed and resolved,” said the governor.

He said the leadership from Turkana will support the fast-tracking of the transportation of oil by road as well as the construction of the oil pipeline to Lamu Port.

SHARE ON:
Previous Article

African Union concerned about allegation of discrimination ...

Next Article

President Cyril Ramaphosa applauds Volvo’s Investment in ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

PSJ Africa

Related articles More from author

  • News Now

    Libya’s Mohamed El-Munir signs for Orlando City

    December 28, 2017
    By alternativeafrica
  • News Now

    Govt working to allow Ghanaians abroad to vote in 2020 – Electoral commission

    December 20, 2017
    By alternativeafrica
  • News Now

    Obama arrives Kenya for sister’s project.

    July 15, 2018
    By alternativeafrica
  • News Now

    Emmerson Mnangagwa, Mugabe Ex-Deputy, Will Be Sworn In as Zimbabwe’s President

    November 22, 2017
    By alternativeafrica
  • BusinessNews NowTechnology

    Nigeria: Popular Computer Village in Lagos to Launch Online Store

    October 6, 2018
    By alternativeafrica
  • AfricaBusinessNews Now

    Germany, Gates Foundation Invest €2m in Nigeria’s Rice Production

    June 5, 2019
    By alternativeafrica

Leave a reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You might be interested

  • AfricaBusinessHealthNews Now

    Nigeria bars Air France, KLM, Lufthansa as it resumes international flights

  • News NowPolitics

    President Kenyatta Handshake Of Unity With Opposition

  • News NowPolitics

    DRC: Respect election rules or risk chaos, opposition leaders tell Kabila

Timeline

  • January 18, 2021

    Nigeria announces new ambassadors to UK, US, others

  • January 18, 2021

    A third of covid-19 patients readmitted to hospital with heart problem-Study

  • January 18, 2021

    Egypt signs agreement for $23 billion first high-speed electric train

  • January 18, 2021

    Doctor shares shocking image of Covid-19 damaged lung, worse than smokers

  • January 17, 2021

    Joe Biden to prioritize legal status for millions of immigrants

  • Popular

  • Comments

  • Lagos govt confirms first case of deadly coronavirus infection in Nigeria

    By alternativeafrica
    February 28, 2020
  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • Morocco begins regional integration by connecting Casablanca Airport with High Speed Train

    By alternativeafrica
    January 4, 2020
  • Kenyan govt pressure Facebook for data on Kenyan users

    By alternativeafrica
    November 20, 2019
  • Nigeria: 32,000 capacity Lagos rice mill to start production in 2020

    By alternativeafrica
    December 23, 2019
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail – Future agricultures
    on
    October 16, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail - The Zimbabwean
    on
    October 12, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • Ethiopia joins Africa's Artificial Intelligence revolution | Alternative Africa
    on
    October 2, 2020

    Spending on Artificial Intelligence Systems in Africa, Middle East to top $374 million in 2020

    […] Many African countries ...
  • The 5 most popular Africans 2020
    on
    September 25, 2020

    Celebrating Congolese doctor Jean-Jacques Muyembe, the man behind breakthrough of Ebola cure

    […] Dr. Jean-Jacques Muyembe ...
  • Millitants in Central Mali Set Jail Ablaze in Attack Killing Two | taktik(z) GDI (Government Defense ...
    on
    August 11, 2020

    Fifteen gendarmes killed in another attack on Mali camp

    […] attack fol­lowed a January ...
AlternativeAfrica.com is an independent Pan African News Website dedicated primarily to influencing the negative narratives about Africa. We hope to do this by focusing and showcasing the many developmental strides sweeping across the continent.

Read more >>>

Contact Info

  • 22 Laburnum Court, Laburnum Road, Mitcham London, CR4 2NA, United Kingdom
  • +44(0)2036320939 | +44(0)7535019197 | +44(0)7305356327
  • info@alternativeafrica.com
  • Recent

  • Popular

  • Comments

  • Nigeria announces new ambassadors to UK, US, others

    By alternativeafrica
    January 18, 2021
  • A third of covid-19 patients readmitted to hospital with heart problem-Study

    By alternativeafrica
    January 18, 2021
  • Egypt signs agreement for $23 billion first high-speed electric train

    By alternativeafrica
    January 18, 2021
  • Doctor shares shocking image of Covid-19 damaged lung, worse than smokers

    By alternativeafrica
    January 18, 2021
  • Lagos govt confirms first case of deadly coronavirus infection in Nigeria

    By alternativeafrica
    February 28, 2020
  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • Macron in Ivory Coast to launch anti-terrorism academy

    By alternativeafrica
    December 21, 2019
  • Kenyan govt pressure Facebook for data on Kenyan users

    By alternativeafrica
    November 20, 2019
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail – Future agricultures
    on
    October 16, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail - The Zimbabwean
    on
    October 12, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • Ethiopia joins Africa's Artificial Intelligence revolution | Alternative Africa
    on
    October 2, 2020

    Spending on Artificial Intelligence Systems in Africa, Middle East to top $374 million in 2020

    […] Many African countries ...
  • The 5 most popular Africans 2020
    on
    September 25, 2020

    Celebrating Congolese doctor Jean-Jacques Muyembe, the man behind breakthrough of Ebola cure

    […] Dr. Jean-Jacques Muyembe ...

Photostream

    Follow us

    • Home
    • About Us
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © Copyright Alternative Africa 2019. All rights reserved.