Nation | by Edwin Okoth
The National Oil Corporation of Kenya (Nock) has sunk into Sh7.5 billion financial rut, adding to the burden taxpayers will bear to rescue the state-owned oil marketer.
A business analysis carried out by consultants hired by two local banks that have been funding the parastatal show that the amount will be needed to keep Nock running in 2021, without which the agency will collapse.
The consultants, commissioned by Kenya Commercial Bank and Stanbic Bank Kenya, to carry out…
