Dear Editor,
TO begin with, we are not mendicants relying on oil money to buy bread and food for ourselves and families. Our public service is vibrant (corruption is gradually being a thing of the past). Our agricultural base in rice and other crops is being revitalised, our infrastructure is gradually being modernized and all without a cent from oil money.
The expected spin-off from production is what we are expecting to become a reality. They are as follows:
1. The cost of gasolene will come down, thereby reducing the cost of travelling for commuters and vehicle owners alike, whereby supplementing the reduced taxation on vehicle imports and encouraging more people to buy cars.
2. The cost of light bills will be significantly reduced.
3. Frozen foods, ice, street lighting, drugs and vaccines for hospitals will be more affordable.
4. The cost of cooking gas will be within every one’s reach as well as baked products from bakeries and fast food businesses.
5. More importantly, our Guyana Dollars will move upwards against the U.S Dollar, using our combined strength of gold, oil and gas, without a doubt, agricultural exports will boost our foreign reserves.
6. The production price of sugar will drop tremendously, thereby making us competitive once again in marketing our sugar on revitalising all the estates, whether state or privately owned.
7. Basically our salaries as it stand will be able to help us to do more like owning a home, a car, extensions and modifications to homes, take holidays, etc. Not to mention the various spin offs to tradesmen and all supporting trades, and further I say not.
Let your imagination work. We are looking forward to oil production in 2020 and let no one try to derail the process. One Christopher (Columbus) came upon God’s Land and people said he discovered; one Christopher is busy trying to re-invent the wheel with no spokes for internal support.
Regards
M. Bacchus