Will we get from oil what we didn’t get from bauxite and gold?

Aug 22, 2017 Letters

Dear Editor,
Matters not if Guyana secures a good or bad deal, we got a deal; time to move on as Minister Jordan which has quoted in Kaieteur newspaper, Tuesday15th August, 2017 edition. Those were the words of my finance minister which in my view is total disrespect to the whole of Guyana and Guyanese or is it an excuse for gross malpractice.
Let Mr. Jordan know that Guyana and its resources belong to Guyanese and not a few selective politicians. And I think if the deal is so good it should be transparent so that all Guyanese should be able to look at it to see what Guyana is getting for the extraction of its oil. Take a look at those African nations that the same company had dealings with; the masses are way below the poverty line.
Please don’t allow this to happen to Guyana. Bauxite has been extracted for over 100 years and what do we have to show for it? Basically nothing! Please don’t let this be the same with oil. Gold is being extracted by several large foreign companies and still there is no significant change in the dollar or economy. Our forest is being raped by several foreign companies. When would it end? So please don’t be a run-of-the-mill third world country.
Derick Bacchus

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