[kictanet] Regarding Oil in Turkana

[Matunda Nyanchama]

There is a good read in the title "It's the Oil Dude" by Lynda McQuaig, a Canadian author. She tracks the history of the industry and associated tribulations caused by BIG OIL, once termed "The Seven Sisters".

Written following the Iraq invasion by George W, she demonstrated the incestuous relationships between BIG OIL and western governments, specifically the USA. One can underdstand, on reading the book, why/how Col Qaddafi's Libya became rich (by squeezing better deals  than others) with BIG OIL, ensuring that the country got a better share of proceeds than others. ... one could almost foresee  the recent invasion and overthrow of the Libyan leader.

BIG OIL, sleeping with government officers (including presidents) has impoverished Nigeria than if they didn't have it, complete with consequences of environmental degradation and the like.

I hope Kenya will get tough negotiators rather than people focused on fat foreign bank accounts so that we can get fair return for the country and especially local communities. We can learn from where there has been success (Venezuela under Chavez, Libya and Canada).

 
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Matunda Nyanchama, PhD, CISSP; mnyanchama at aganoconsulting.com
Agano Consulting Inc.;  www.aganoconsulting.com; Twitter: nmatunda;  Skype: okiambe
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