K
AIETEUR
Happy 56th Independence Anniversary to all
Thursday Edition
Guyanese NEWS skipping meals to beat high food prices
May 26, 2022 - Vol. 15 No. 21 Online: www.kaieteurnews.com Online Price $80 readership yesterday, 69,090
Guyana’s largest selling daily & New York’s most popular weekly
…FAO report says local food insecurity surpasses regional average
‘Do not renew Liza 1 permit without fixing flaws’, get a better deal - Int’l experts call for fresh EIA, strengthened protection mechanisms
ExxonMobil plans to Independence: At what price? T abandon subsea junk on seabed for each oil field developed - claims removing equipment could do more harm than good
oday, we celebrate G u y a n a ’s 5 6 t h Independence anniversary! Independence restored our birthright – the right to develop our country’s resources for the benefit of all of our people. However, today that birthright is being snatched from us. Some of you have expressed your gratitude for the role of this newspaper in trying to protect what rightly belongs to all of our people. There is hardly a day, which goes by with us not reporting on the country’s oil and gas sector. The threats to which we have alluded are evident. The
fears we have are coming to pass. But there is still time to salvage the situation. Next week, Guyana has another opportunity to force a better deal without renegotiating the contract. The Liza 1 permit will expire on Tuesday, and has to be renewed before the oil companies can continue developing this oil field. Before this permit is renewed, Guyana must insist on a better deal. What has been stolen from our people’s inheritance must be restored through a fairer arrangement. The production of oil must result in a boom not further
Govt. to roll out fish cage initiative at Mainstay/Whyaka - Pres. Ali talks up $10M profits per year
US$260M contract signed for new Dem. River Bridge Come May 31, our politicians have a golden opportunity to change the lives of all Guyanese for the better, not to renegotiate the oil contract but to put a hold on the Liza 1 Permit that will expire in a week’s time, and make all the changes that will ensure that we get our fair share. Are they ready for it? Let’s wait and see. Their next move will tell all Guyana whether they love us or they love Exxon to Int’l experts on The Glenn Lall Show and their shareholders; whether they will save us or sink us further. Listen @11:00hrs on Kaieteur Radio 99.1/99.5FM
indebtedness. Yet, with every new discovery, Guyana is sinking deeper into a bottomless pit of debts. One int’l expert has calculated that each man, woman and child in this country owes ExxonMobil and its partners G$9M presently. Is this what Independence means – that we should forfeit our birthright and become servants in our own house? Let’s wait and see if President Ali, Opposition Leader Norton will do the right thing to secure its citizens’ future or will they renew the permit to further enrich Exxon and its shareholders.