Opinion & Analysis Review Turkana oil revenue sharing planPHOTO | BD GRAPHICControversy surrounding the formula for sharing revenue generated from oil has received wide coverage. The bone of contention is the fraction of oil revenues to be allocated to the host community. Only Kainuk in the south is connected to the National Electricity Transmission Grid, with Lodwar Town being powered by diesel powered generators. The national government is pushing to increase its share to 75 per cent, and reduce the allocation to the local community where oil exploration is happening to five per cent. The county government is pushing for 30 per cent share from oil revenues.
Source: The North Africa Journal May 09, 2017 18:52 UTC