President in impassioned defence of Natural Resource Fund bill

President Irfaan Ali

President Irfaan Ali yesterday mounted an impassioned defence of the bill for the governing of oil money which the government apparently intends to pass today using its slim majority but he still did not explain who was selecting members of the Board of Directors, a major concern of critics of the legislation along with the proposed rate of extraction of monies.

Staying clear of addressing concerns that today’s deadline is too short a period before the Natural Resource Fund Bill is debated, Ali justified his government’s actions saying the Bill delivers on a campaign promise made in his party’s manifesto.