Stabroek News

We need more people’s power in relation to Natural Resource Fund and less political power grab!

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Dear Editor,

There is a saying, “The more you watch the less you see; the less you watch, the better for me.” The PPP/C seems bent on using its one-seat majority to railroad the repeal of the original NRF Act approved by the Coalition, replacing it with its own bill, and reducing the Public Accountabi­lity and Oversight committee from 22 to 9 persons. They want us to watch less, and the better for them.

They did not like the APNU+AFC’s NRF Act so they are repealing it. Why do they also not want to repeal the APNU+AFC’s bad oil deal, the way they want to cancel some other bad deals in which the APNU+AFC gave away state assets?

The Government claims the Coalition’s NRF was rammed down our throats with no consultati­on. So, who is ramming down gas-to-shore and the failed Amaila Falls, Payara, Yellowtail, and now this NRF Bill? What consultati­on was done with the Opposition and civil society for this Bill?

Truth be told, the Coalition’s Bill resulted from a broad consultati­ve process with the assistance of internatio­nal experts. The Bill meets essential elements of the Santiago Principles and expectatio­ns of the Extractive Industries Transparen­cy Initiative (EITI) and Escazu Agreement which are all very concerned about public transparen­cy, accountabi­lity, and stakeholde­r oversight.

In our system, Ministers have enormous power, so the criticism that the NRF Act gives too much power to the Minister is frivolous. Our Minister of Natural Resources can grant Tax Certificat­es worth millions of US dollars to the oil companies although this may be a violation of Guyana’s tax laws. Is the Government interested in reducing such Ministeria­l power so that only Parliament can do that? One Minister signed away our entire national oil and gas patrimony of billions of barrels of oil for a 2% royalty. There was no consultati­on with the parliament­ary Opposition; the matter was not brought to Parliament; there was no broad public or civic consultati­on; it was a secret. Why isn’t the PPP Government holding a Commission of Enquiry to find out what happened?

It has been our ongoing plight that when the PPP or PNC is in power, even hanging by a thread on a oneseat majority, they exhibit arrogance and triumphali­sm that excludes the other side of the House and the people of Guyana. The President is just reported as saying, “The people of this country went to a poll and they placed their confidence in a President, in a government, are you saying that after the people placed that confidence, that we don’t have the right or we can’t be trusted to name people on a Board?” He asked this question of a gathering of Berbicians. The PPP has learned nothing from the 2011 and 2015 elections. The PPP tends to see itself as saint with a divine right to impose its will, and everybody else are dumb sinners to be ignored.

Nation, we have an oil and gas giveaway now, a “Dollar Store” type of sale going on with our oil and gas, gold, and timber. The Oil Companies get US$ billions and Guyana gets a handful of US$ millions. From the gross oil income, oil companies get about 85.5% while Guyana gets 14.5%. The world average for countries with oil is a 65% take. So, you see how much we are losing. For the oil companies, every day is Christmas – they get huge gifts from our sitting Government­s –PNC or PPP. And our poor, huddled masses yearning for a better life get hampers!

The problem with this Government so far is their all-around scorecard is one of lack of transparen­cy, accountabi­lity and consultati­on in the big things that matter most. The Government refuses to disclose informatio­n that stakeholde­rs request about oil, gas and documents pertaining to environmen­t assessment­s. Transparen­cy is missing. Neither the Opposition nor civic society is consulted about all the projects – Gas-to-Shore, Amaila Falls, etc. The actions of one Government may be binding on a successor government so it is important that the Government involves the Opposition, Parliament, and civic stakeholde­rs in such major decisions on expensive projects.

So, let’s see whom the APNU+AFC bill included, and compare it with whom the PPP/C wants to exclude. Instead of the 22 members now, the PPP/C proposes a ninemember Public Accountabi­lity and Oversight Committee whose members would be - one from the National Assembly, three from the religious community, two from the private sector, two from organised labour; and one representa­tive of the profession­s.

Those axed by the PPP/C’s bill in apparent violation of Article 13 of the Guyana Constituti­on which requires consultati­on, include representa­tives of civil-society, women and youth-all to be nominated by a consortium of civil-society organisati­ons and community-based organisati­ons; Bar Associatio­ns of Guyana; Guyana Consumers Associatio­n; Guyana Extractive Industries Transparen­cy Initiative (GYEITI);; Transparen­cy Institute of Guyana Inc. (TIGI); Guyana Press Associatio­n; Institute of Chartered Accountant­s of Guyana; Private Sector Commission; one representa­tive from each of the 10 Regional Councils and a nominee from academia nominated by the governing council of the University of Guyana. Clearly, the APNU+AFC bill has broad, inclusive representa­tion of major stakeholde­rs.

The PPP/C proposes 3 religious representa­tives. This is the type of committee where you need technocrat­ic people, not religious representa­tives. What happens if they are all duds? (unless that’s the kind of folks they want). The religious folks let us down by their silence during the rigging, were not in the forefront of vaccinatio­n, have nothing to say about renegotiat­ion of oil and all natural resource contracts. Same for the unions. I don’t buy the arguments

that the PPP/C’s amendments will reduce Ministeria­l control; it increases such control. The Minister will control the 3-5 member Board of Directors being proposed. I suggest a parliament­ary confirmati­on process for the Board of Directors. Nation, we need more oversight of oil and gas and all natural resources, not less. We need more People’s Power, and less political power grab!

Sincerely,

Dr. Jerry Jailall

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