Need to rethink Asharami LPG deal

The Kenya Petroleum Refinery Limited in Changamwe.

Photo credit: Shutterstock

Here is the news. I have come across correspondence from the Clerk of the National Assembly showing that the Departmental Committee of Energy has summoned the managing director of Kenya Pipeline Company (KPC) to interrogate him on the circumstances under which some Nigerian investors have been gifted a 31-year lease on land in Mombasa belonging to the Kenya Petroleum Refineries (KPRL).

As we know KPRL although very rich in terms of prime land is more or less moribund. In September 2023, the government directed KPC to take it over through transfer of shares making KPC its sole shareholder.

PAYE Tax Calculator

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