Abacus Wealth Management

Experts Warn Kenyans Against The Turkana Land Rush

Some Kenyans are cynical about the latest discovery of oil in Turkana, but others are undeniably strategizing on how to make a killing out of it. Land experts have warned Kenyans who are thinking of buying land in the area, saying that no one has a specific title for land in Turkana. Land Development and Governance Institute directors Ibrahim Mwathane and Mwenda Makathimo have told Kenyans to hold their horses, saying that most of Turkana land is trust land. Speaking to the Standard Newspaper, the experts have discouraged the emerging farfetched expectations based on this recent discovery.

It is highly likely that somewhere in Kenya, an unscrupulous businessman is waiting to make money out of unsuspecting Kenyans.

As you rethink your ‘Turkana oil’ expectations, check out this article by one of our writers that puts this latest discovery into perspective.

 

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