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Explain four benefits Kenya would get by striking oil in Isiolo

Explain four benefits Kenya would get by striking oil in Isiolo

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sharon
- Kenya would save foreign exchange it used to spend on oil inputs and channel the
funds to projects.
- More industries would be established because industrial fuel would be
cheaper/increase in investments. .
- More job opportunities would be created in the oil sector and other related industries
thereby improving standards of living of Kenyans. .
- Transport costs would reduce leading to cheaper commodities in the market. .
- Kenya would earn more foreign exchange through oil exports and these earnings used
to develop other sectors of the economy. .
- Infrastructure of social amenities improved leading to better standards of living.
sharon kalunda answered the question on April 23, 2019 at 05:51

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