Gulf Energy can mobilise capital to commercialise Turkana crude oil

A picture taken on March 26, 2017, shows an oil drilling block managed by British company Tullow Oil at Lokichar basin in Turkana County.

Photo credit: File | Nation Media Group

 I have many times in this column advocated for focused efforts to commercialise Turkana oil , an extractive resource that can significantly accelerate gross domestic product growth while uplifting socio-economic lives of communities in northwestern Kenya. 

Discovery in 2012 of 120,000 barrels per day of oil in Turkana, and later export of early oil were welcomed with excitement. Then it all went silent, leaving massive national wealth below Turkana terrain.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.