Ndindi Nyoro Raises Alarm Over Dangote’s Lamu Refinery, Warns Fuel Prices Could Rise

Kiharu Member of Parliament Ndindi Nyoro has raised concerns over Nigerian billionaire Aliko Dangote’s proposed oil refinery in Lamu warning that the project could make fuel more expensive for Kenyans instead of lowering prices.

Speaking about the proposed investment Nyoro questioned the terms of the agreement between the Kenyan government and Dangote particularly the conditions surrounding the purchase and supply of petroleum products.

The legislator argued that Kenya could lose the freedom to purchase fuel from alternative international suppliers if the agreement restricts imports of products that the proposed refinery can produce.

According to Nyoro such an arrangement could force the country to purchase fuel at higher prices even when cheaper alternatives are available in the international market.

He also questioned who would determine fuel prices and whether the proposed agreement would adequately protect the interests of ordinary Kenyans, who continue to face high living costs.

Nyoro further raised concerns about the project’s ownership structure the public land expected to be allocated for the investment and possible electricity purchase agreements.

He maintained that Kenyans deserve clear answers about the deal before the country makes long-term commitments that could affect the energy sector.

His remarks have added to the growing public debate surrounding the multibillion-dollar refinery project.

The proposed investment is expected to attract significant attention, with motorists and businesses keen to know whether it will eventually reduce fuel costs or increase the financial burden on consumers.

@Briannews feedback-opera-news-app@opera.com