To the contrary, however, studies suggest that real GDP and the population's standard of living nearly always decline where oil is discovered. Between 1970 and 1993, for example, countries without oil saw their economies grow four times faster than those of countries with oil.
That oil wealth could be a curse seems counterintuitive. When an oil bonanza is discovered in a struggling African country, the instinctive assumption is that it can only be a good thing; that it will result in a rapid improvement in the lives of the people; that suddenly there will be money for hospitals and vaccines and schools and roads; and, even more than that, everyone will be rich.
stop playing games with us old man. you are trying to score one or two points using oil as a bait. we are not going for it. don't be talking about it, let them thrrill and then we find out if we have hoil. what school did you go to? havard? nooooo. you can pick anyone from the street and he/she can make a better leader than you. you don't make any sense at all. you don't play with an issue that people have vested interest on. shut up if you are not sure we have oil.
After the 28th Kiraitu will tell you there is no oil because there is oil. He is the grand father of all Uncle Dagoberts. His nose is smelling oil and money for siphoning. But I smell a rat. Journalists on your marks and off to the North West. Please keep your cameras running. We must get out the real truth about this oil business. From Kiraitus talking and behaviour I am convinced we have oil in Kenya. Remember the scandal that never was? Kiraitu Wa Murungi, this time you wont bamboozle us.
i hope that there is no oil in kenya..kama sasa we dont have oil and the country is in chaos just coz of some fat cats who want the little that kenya has..si tukipata mafuta itakuwa worse.
I hear people saying this guy went to Harvard but I always wonder for what? This is bruffing of the highest order. He clearly stated recently that he was going to make a major announcement about oil discovery in kenya. what a charm?
Then get a real "georogist" to tell us what we have.
magellanmax 10 months ago
To the contrary, however, studies suggest that real GDP and the population's standard of living nearly always decline where oil is discovered. Between 1970 and 1993, for example, countries without oil saw their economies grow four times faster than those of countries with oil.
jamo721 2 years ago
That oil wealth could be a curse seems counterintuitive. When an oil bonanza is discovered in a struggling African country, the instinctive assumption is that it can only be a good thing; that it will result in a rapid improvement in the lives of the people; that suddenly there will be money for hospitals and vaccines and schools and roads; and, even more than that, everyone will be rich.
jamo721 2 years ago
we do not need "hoil or not" in kenya.
MzeeMoja1 2 years ago
stop playing games with us old man. you are trying to score one or two points using oil as a bait. we are not going for it. don't be talking about it, let them thrrill and then we find out if we have hoil. what school did you go to? havard? nooooo. you can pick anyone from the street and he/she can make a better leader than you. you don't make any sense at all. you don't play with an issue that people have vested interest on. shut up if you are not sure we have oil.
chaimoto 2 years ago
Correct. Kiraitu should tell us how much oil we have and not whether we have oil or not. We know we have oil in North Western Kenya.
Savai333 2 years ago
get that oil or get lost
benard2 2 years ago
After the 28th Kiraitu will tell you there is no oil because there is oil. He is the grand father of all Uncle Dagoberts. His nose is smelling oil and money for siphoning. But I smell a rat. Journalists on your marks and off to the North West. Please keep your cameras running. We must get out the real truth about this oil business. From Kiraitus talking and behaviour I am convinced we have oil in Kenya. Remember the scandal that never was? Kiraitu Wa Murungi, this time you wont bamboozle us.
Savai333 2 years ago
hehehehe 'there is no hoil because there is no hoil...' that wz apt.
siasabora 2 years ago
Comment removed
Savai333 2 years ago
i hope that there is no oil in kenya..kama sasa we dont have oil and the country is in chaos just coz of some fat cats who want the little that kenya has..si tukipata mafuta itakuwa worse.
cuttingrazors 2 years ago
Moi ass kisser!!
mytime81 2 years ago
What's he doing in the ministry if he is no geologist?
siasabora 2 years ago
I hear people saying this guy went to Harvard but I always wonder for what? This is bruffing of the highest order. He clearly stated recently that he was going to make a major announcement about oil discovery in kenya. what a charm?
freegastanker1 2 years ago
As S333 suspects iko kitu....Kiraitu now needs watching. If yu see him in Amsterdam talkin to shady investors from Dubai or Saudi scream loudly!
siasabora 2 years ago