Ministry of Energy to Shut Down 8 Local Oil Dealers - 3 days ago, 19:46
Energy Principal Secretary, Joseph Njoroge, on Tuesday, revealed that eight local oil dealers risked being shut down for non-payment of the statutory fees.
Appearing before the National Assembly Public Accounts Committee (PAC), Njoroge revealed that the companies had failed to remit their statutory annual training contributions as well as service fees amounting to Ksh754.1 million.
“This money should have been collected and sanctions issued against the eight companies for non-payment of the statutory fees,” he claimed.
He mentioned three organizations, Lion Petroleum Corporation, A-Z Limited, and Rift Kenya Limited as among those yet to comply with the legal requirement.
However, he stated that the ministry was consulting the companies on why they failed to comply.
According to reports, there was concern that the ministry deliberately failed to ensure the government got the revenue for projects.
The committee members chaired by Ugunja MP Opiyo Wandayi wondered why there had been delays in the recovery of the money ...
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