Sat, 26 Nov 2016 14:12:19 +0000 GOVERNMENT should not leave the procurement of petroleum products entirely in the hands of the private sector as it could cause insecurity, says economist Lubinda Habazoka. Dr Habazoka said in an interview that Minister of Finance Felix Mutati should not cause Government to abandon the procurement of finished petroleum products and leave it completely in private hands. He explained that it was the duty of Government to ensure that there was energy security in Zambia. “The minister should wait and ensure that he does not move away from procuring finished petroleum because the job of Government is to ensure energy security. “The private sector can be included but certain things are better run by Government because we already know how the mining companies are ‘efficiently’ operating and contributing to Government revenue. At the moment we are just as good as not having a mining industry and all because […]
‘Govt should not leave fuel procurement in private hands’
