Hard truths.
The audit questioned why four active Production Sharing Contracts (PSCs) had accumulated recoverable exploration costs amounting to USD2.35 billion, equivalent to Sh304.37 billion, without evidence that mandato...
Solicitor General Shadrack Mose told MPs that Turkana oil production sharing contracts remain legally binding, but exploitation can only proceed after Cabinet approves the field plan and Parliament ratifies it.
Controller of Budget Margaret Nyakang’o told MPs that weak legal safeguards and limited transparency threaten proper oversight of Turkana petroleum revenues, urging clearer monitoring of county and community oi...