[Beverlyne Musili/Standard]The revenue-sharing formula standoff has brought a standstill at Senate with a different faction of leaders advocating for or against the revenue formula. Ndii's argument places the term formula as a misplaced entity that sits nowhere on the revenue sharing articles. "On the matter of revenue sharing, the CoK 2010 uses the language of “basis” as opposed to “formula.” There is in fact no reference to formula anywhere in the articles on revenue sharing. We also have good enough socio-economic data to evaluate progress of the equitable development. “The people of Marsabit get nothing for their wind resources, but when it comes to sharing revenue the contribution of the wind resource to the revenue counts for nothing.
Source: Standard Digital July 28, 2020 13:30 UTC