By News Source Guyana on December 31, 2021
Elections, News, Politics
President Irfaan Ali has signed the controversial Natural Resource Fund Bill into law as well as the Local Content Bill. Both pieces of legislation are related to the management of the oil and gas sector in Guyana. The President assented to the Natural Resource Fund Bill yesterday. There was no announcement of the signing of […]
By News Source Guyana on December 30, 2021
Elections, News, Politics
The Government continues to defend the controversial Natural Resource Fund Bill and has started a major public relations drive to justify the Bill and its contents. Minister of Natural Resources Vickram Bharrat lashed out this afternoon at the Civil Society groups that called for the passage of the Bill to be delayed. He said those […]
By News Source Guyana on December 30, 2021
Elections, News, Politics
The Opposition is holding firm to its position that the Natural Resource Fund Bill could not have been legally passed in the National Assembly since the Mace was not in its place when the Speaker called for a vote on the controversial legislation during last evening’s sitting. The Mace was grabbed from its position by […]
By News Source Guyana on December 30, 2021
News, Politics
The Personal Assistant to the Speaker of the National Assembly, Ean McPherson, has filed a complaint with the Ethnic Relations Commission against Opposition Member of Parliament, Maureen Philadelphia. It was McPherson who grabbed the Mace of the Assembly from the Opposition MPs after they grabbed it from its holding place in the National Assembly in […]
By News Source Guyana on December 30, 2021
Elections, News, Politics
Speaker of the National Assembly Manzoor Nadir called a press conference this morning to declare that the controversial Natural Resource Fund Bill was “legally and lawfully” passed in the National Assembly last evening during its chaotic sitting. “I want to make it pellucid that the Bill was passed lawfully, legally last evening in the National […]
By News Source Guyana on December 30, 2021
Elections, News, Politics
Following Wednesday’s chaotic sitting of the National Assembly at which the Speaker’s Mace was removed from its place by an Opposition Member, the Government and Opposition are now haggling over whether the controversial Natural Resource Fund Bill was legally passed. In a statement after the sitting, the Opposition APNU+AFC said the Natural Resource Fund Bill […]
By News Source Guyana on December 29, 2021
News, Politics
As members of the Opposition chanted loudly and blew whistles in the National Assembly, the Government moved quickly to pass the Natural Resource Fund Bill and the Speaker allowed the passage without any debate. The National Assembly descended into chaos this evening as the Opposition Members protested loudly against the controversial Bill just after it […]
By News Source Guyana on December 29, 2021
News, Politics
The Bar Council of the Guyana Bar Association has taken offense to several comments which were made by Attorney General Anil Nandlall today during his contribution to the Local Content Bill debate in the National Assembly. The Association’s main contention is with the provision in the Bill that deals with legal services, noting that the […]
By News Source Guyana on December 29, 2021
News, Politics
The Private Sector Commission today threw its weight behind the passage of the Natural Resource Fund legislation in its current form even though its sister private sector body the Georgetown Chamber of Commerce and Industry called for the passage of the legislation to be delayed. In a statement, the PSC said the new Bill which […]
By News Source Guyana on December 29, 2021
News, Politics
When the Local Content Bill is signed into law, the Ministry of Natural Resources will move immediately to set up and operationalize the Local Content Secretariat. The Secretariat will be based at the Ministry of Natural Resources and will be primarily responsible for the monitoring of companies involved in the oil and gas sector to […]