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Reply to "Carl Greenidge, WPA executive members clash on direct cash transfers from oil money .. This Jackass David Hinds Is Encouraging Young People Not To Work.."

Dave posted:
Billy Ram Balgobin posted:

Let's say there are a 100,000 households in a population of 750,000 to 800,000.  If we give US5k to each family every year that would amount to a total of $500 Millions Dollars.  Where would Guyana get so much money from to provide each household that amount of money?

Right there is the trouble with your calculations...  the Afros are fed wrong info and they will believe people like David Hinds, as a result, these people will riot for this money. 

Exxon expects the first Stabroek oil to flow to the Liza Destiny, a storage and offloading vessel, in early 2020, with production quickly ramping up to 120,000 barrels a day and rising by 2025 to 750,000 a day (roughly on a par with last year’s daily output in Indonesia, which has a population of 264 million).

As for Guyana, the government estimates the Exxon deal will bring in $300 million in 2020, or about a third of the country’s entire tax revenue, and surge to $5 billion by 2025.

The World’s Newest Petrostate Isn’t Ready for a Tsunami of Cash Guyana is investigating oil leases at a rocky political moment.


 

You didn't see this figure from the article posted.

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