Latest update April 19th, 2024 12:59 AM
Sep 29, 2018 News
Opposition Leader, Bharrat Jagdeo said that he remains underwhelmed by the APNU+AFC Government’s handling of the nation’s business. At a press conference he held on Thursday, Jagdeo spoke of the many areas government is failing in including the management of the sugar and oil sectors.
Jagdeo spoke somewhat extensively on the failures. One of the failures in the oil sector Jagdeo addressed is that government is allowing “massive revenue leakages.”
Jagdeo said that he read remarks attributed to Energy Department Head, Dr. Mark Bynoe as it regard the plugging of these leakages.
Jagdeo told the media, “I do not really understand what it means by plugging values leakages from existing PSA—the ExxonMobil PSA. If he means that they are going to do a better job at going after a pre-contract cost or the existing cost of ExxonMobil to see that they are not inflated, well that is fine; but, when are they going to do it? When exactly are they going to do this?
Jagdeo said time is of the essence and the fact that the plugging is yet to begin makes him believe that “this is all general gaff; just general gaff for such an important sector in our future.”
Where is the BETTER MANAGEMENT/RENEGOTIATION OF THE OIL CONTRACTS you promised Jagdeo?
Apr 19, 2024
SportsMax – West Indies Women’s captain Hayley Matthews delivered a stellar all-round performance to lead her team to a commanding 113-run victory over Pakistan Women in the first One Day...Kaieteur News – For years, the disciples of Bharrat Jagdeo have woven a narrative of economic success during his tenure... more
By Sir Ronald Sanders Waterfalls Magazine – On April 10, the Permanent Council of the Organization of American States... more
Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]