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CS Treasury, John Mbadi when he appeared before a joint sitting of the National Assembly Committee on Energy and the Senate Committee on Energy on February 16, 2026 at Parliament buildings, Nairobi PHOTO/David Bogonko Nyokang’i
Business

Treasury says oil development plan will boost revenue without burdening debt

Treasury Cabinet Secretary John Mbadi told lawmakers that the initiative is expected to generate substantial revenues for the State, depending on international oil prices, and will provide both economic and social benefits.

National Lands Commission Chief Executive Officer Kabale Tache when appeared before a joint sitting of the National Assembly Committee on Energy and the Senate Committee on Energy on 16th,February 2026 in Parliament. Photo/David Bogonko Nyokang’i
News

Turkana oil compensation delayed by quorum crisis, says NLC chief

The CEO has warned that compensation payments cannot proceed until the Commission is fully reconstituted, saying that only two commissioners remain in office below the legal threshold required to approve valuation reports and issue binding awards.