Latest update April 5th, 2025 5:50 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

Oil Money not filtering down among masses

Aug 10, 2024 Letters

Dear Editor,

The massive infusion of oil money in the economy is not filtering down to the poor, the bottom 45% of the population. The oil wealth is not improving the lives of the masses as much of it is pilfered through contract kickbacks by government figures and other state functionaries. The level of corruption involving oil money injected into the economy is eating away the very fabric and foundation of the country. Something got to be done to put the brakes on corruption so that everyone benefits from oil funds.

Honest government bureaucrats and engineers are compelled to close their eyes to massive corruption as a show of loyalty to the corrupt cabal that is in charge of the state. The honest and decent staff of certain ministries must pretend all is well with contracting works or even join the corrupt cabal if they wish to remain in their jobs and enjoy perks of position. Some honest staff are forced to approve payment in certain ministries for work never done.

Related to above, some engineers are banned from inspecting areas, particularly on the Corentyne and other parts of Berbice where work was supposed to have been done and approved for payment.

Huge amounts of payment were authorised for drainage and irrigation in Berbice but work was not inspected to determine whether they meet specification of contracts. These are no go zones for engineers who wish to do thorough inspection. Engineers willing to sign on to works ‘completed’ or close eyes to shoddy work or even for work not done are allowed to visit anywhere. The oil funds that are injected into the budget and allocated to certain ministries find their way into the hands of corrupt officials and big contractors. The small contractors and the masses don’t benefit from the large amounts of money withdrawn from the oil fund. Shouldn’t the government consider freezing oil money that goes into the budget to stop fueling corruption?

Yours truly,

Nigel Pilgrim

Similar Articles

The Glenn Lall Show|| April, 4th, 2025

Follow on Tik Tok @Glennlall

 

THE BLUNT OF THE DAY

Sports

‘One Guyana’ 3×3 Quest tips off today

‘One Guyana’ 3×3 Quest tips off today

Apr 05, 2025

…19 teams to vie for top honours Kaieteur Sports- Basketball teams from around the world will be in action this weekend, when the ‘One Guyana’ 3×3 Quest gets underway. Competing for a...
Read More
Twin tons from Anderson, Imlach steer Eagles back on course

Twin tons from Anderson, Imlach steer Eagles back...

Apr 05, 2025

Race for quarterfinal spots commence today at MoE ground

Race for quarterfinal spots commence today at MoE...

Apr 05, 2025

Marsh sets up Lucknow’s comfortable win over Mumbai

Marsh sets up Lucknow’s comfortable win...

Apr 05, 2025

Saints and GTI dominate as YBG Georgetown Regional Conference continues

Saints and GTI dominate as YBG Georgetown...

Apr 04, 2025

Carty misses ton, Hamilton (80) sets up tense battle as Harpy Eagles speed ace Alimohamed bags 5

Carty misses ton, Hamilton (80) sets up tense...

Apr 04, 2025

Features/Columnists

  • The One-Man Republic

    Peeping Tom… Kaieteur News- There exists, tucked away on the margin of maps and minds, a country that has perfected... more

Publisher’s Note

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]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]