Tanzania: New law to allow Zanzibar discuss directly with oil, gas investors

President John Magufuli of Tanzania

President John Magufuli of Tanzania

05 September 2016, Dar es Salaam — Zanzibar will soon start direct talks with investors in the oil and gas sector, thanks to a new law to be passed in the next meeting of the House of Representatives.

This was revealed on Saturday by Zanzibar President Dr Ali Mohammed Shein when addressing a rally at Demokrasia grounds in Kwahani Constituency during the tour of Union leader Dr John Magufuli.

Dr Shein thanked former President Jakaya Kikwete for spearheading the making of the two laws on oil and gas.

He noted that once the House completes its work the Bill will be forwarded to him and he will sign it into law.

“This law will allow us to directly negotiate with investors in the area of oil and gas and I’m sure that this will enable our government to get a lot of money,” said Dr Shein.

President Magufuli urged the Isles government to fast track the law so as to enable the country to benefit from its resources. “I will be happy when I see oil being extracted in Zanzibar,” he said noting that what Tanzanians want was to benefit from their natural resources.

Meanwhile, Dr Magufuli advised Civic United Front (CUF) secretary general Seif Sharif Hamad to quit politics as there are clear indications that God does not want him to hold the country’s top office.

  •  The Citizen
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