The footage of long queues by the motorists around the country to buy fuel from the filing stations last week was very embarrassing to say the least. It depicted a state of confusion and irresponsibility by the key players in the Energy sector.
To start with, there has been no disruption of supply of the precious commodity on local or international scale. The unavailability of petrol in the filing station was by and large attributed to unethical trade practices such as hoarding.
Therefore, it is very important that Government’s intervention in this sector should be aggressive to avoid such a recurrence. The loss in revenue collection for the four days the shortage was there runs in billions of shillings.
Even as the President Mwai Kibaki directed that the Energy and Finance ministers to put their act together to ensure that supply is done normally and at an affordable price, there need to be radical reform in this sector. In the past, the petroleum industry has been run by cartel-like operators and this is the main reason the oil prices have been adjusted upward in an arbitrary manner.
Now that South Sudan will be an independent country on July 9th this year, it is imperative to grab the opportunity of outsourcing the precious commodity from there on a long-term plan. This will go a long way in reducing the costs and thus matching the prices.
James Mwangi Kanyi,
Nairobi.
No comments:
Post a Comment