THE political landscape in Guyana is marked by the ongoing dialogue surrounding the oil and gas industry, a sector that has rapidly transformed the nation’s economic prospects.

Recently, the People’s National Congress Reform (PNCR) unveiled a 20-point plan, aiming to outline its vision for the oil and gas industry should it regain power. However, this plan has been met with significant skepticism, particularly from the People’s Progressive Party (PPP) General Secretary Bharrat Jagdeo, who described it as “a useless document that lacks substance”.

Jagdeo’s critique highlights a critical issue: The PNCR’s plan is perceived as lacking originality and actionable commitments. He pointed out that twelve of the twenty points merely advocate for feasibility studies and reviews, which does little to instill confidence in a concrete policy framework. This raises an important question about the PNCR’s ability to provide substantive governance in an industry that is vital for Guyana’s future. Jagdeo’s assertion that “running government is very different” underscores the necessity for plans that translate into meaningful action rather than vague promises.

The PNCR’s record while in power is also under scrutiny. As the main party in the former APNU+AFC coalition, the PNCR was responsible for the controversial deal with ExxonMobil, which many critics argue was more advantageous for the corporation than for Guyana. Jagdeo’s remarks serve as a reminder that past governance failures cannot be overlooked. A credible plan must address the lessons learned from previous missteps, and demonstrate a commitment to ensuring that the country’s vast oil reserves benefit all Guyanese.

In contrast, the PPP’s approach emphasises a clear and robust policy framework. Jagdeo pointed to the party’s past achievements, such as implementing the Local Content Act, which has opened doors for thousands of Guyanese businesses in the oil sector. The PPP has taken steps to ensure transparency and accountability, with measures like requiring parliamentary approval for withdrawals from the Natural Resource Fund (NRF). These actions reflect a commitment to responsible management of the country’s resources.

As Guyana stands on the brink of becoming one of the world’s leading oil producers, with projections to exceed one million barrels per day by the end of the decade, the stakes are higher than ever. The PNCR must recognise that a superficial plan will not suffice in a sector that requires thoughtful and actionable policies.

Jagdeo’s assertion that the PNCR’s plan is an “elaborate con” resonates with many who seek genuine leadership and a commitment to improving the lives of all Guyanese through responsible governance.

The discussion around the PNCR’s 20-point plan serves as a crucial reminder of the importance of substance in political proposals. Guyanese citizens deserve leaders who can provide clarity, transparency, and actionable commitments, particularly in a sector that promises to shape the nation’s future. The upcoming elections will demand rigorous scrutiny of all parties’ plans, ensuring that those who seek to lead are prepared to navigate the complexities of governance in the oil and gas industry.