NOCK Leadership Dispute Erupts Over Control of State Corporation
A bitter leadership dispute is unfolding at Kenya's state-owned National Oil Corporation of Kenya (NOCK), pitting the National Treasury against the Ministry of Energy and Petroleum. The power struggle centers around control of the strategic state corporation, with documents reviewed by The Standard showing a contentious battle between the two entities.
The dispute has its roots in Deputy President William Ruto's push for increased oil production, which some believe is driving the leadership tussle at NOCK. The National Treasury and Ministry of Energy and Petroleum are locked in a struggle over who controls the state corporation, with both sides presenting different visions for NOCK's future.
The exact details of the dispute remain unclear, but it appears that the two entities have competing interests in NOCK's operations. While the National Treasury may be seeking to exert greater control over the corporation, the Ministry of Energy and Petroleum is pushing for a more autonomous approach to managing NOCK's affairs.