Skip to main content

FM
Former Member

PPP/C rejects bid to lower toll at Berbice River Bridge

MAY 17, 2014 | BY  | FILED UNDER NEWS 

…Opposition voting strength approves the resolutions  

“I will not reduce the toll for any person in Guyana until we have determined economically that it will be a benefit,” Robeson Benn.

By Gary Eleazar

Punctuated with perceived threats of murder, incessant heckling and even a bout of blackout, the Peoples Progressive Party Civic (PPP/C) Government on Thursday rejected a motion to reduce the tolls for crossing the Berbice River Bridge, but it was in the end approved by the Full House given the voting strength of the Political Opposition.

Government Chief Whip, Gail Teixiera holding up the poster of Dr Walter Rodney

Government Chief Whip, Gail Teixiera holding up the poster of Dr Walter Rodney

The Motion was successfully piloted by A Partnership For National Unity’s (APNU) Joseph Harmon, who argued that the tolls being charged by the Berbice Bridge Company Inc was excessively high and meant to only enrich  a few.
He said that arguments that the company is a private one are nullified by the fact that under the Berbice Bridge Act, the Minister of Public Works has responsibility for the setting of the tolls.
Harmon said that the Bridge earns an average of $1.5B annually, and as such the company can afford to reduce the tolls charged.
The APNU Member reminded that Government signed a concession agreement for the construction and operation of the Bridge for 21 years even though it has a proposed lifespan of 30 years.
He also lamented the access to information in relation to the operations of the Bridge and said that this is the case given the infamous “Brassington Clause”.
This clause, he said, binds all to deal with all information in the concession arrangement as secret and confidential.
He said that with Government holding some $950M in shares in the bridge, it is incumbent of the Administration to have its Director on the board call for the reduction of the toll.
Harmon noted that when the toll was calculated, then President Bharrat Jagdeo announced that it was done to cover operating costs, make repayments and earn a profit.
The APNU Member of Parliament lamented that there was nothing in the consideration of the toll “about public good, only money”.
Harmon pointed to a number of bridges across the world, including neighbouring Venezuela, Suriname and Brazil where the tolls for bridges in those countries are either free or far below that which is being charged to cross the Berbice River.

APNU Members of Parliament flashing the photo of the late Satyadeow Sawh

APNU Members of Parliament flashing the photo of the late Satyadeow Sawh

He used the opportunity to point out that between August 1 and 12 last year, the company conveniently lowered the tolls, at which point in time there came the heckles that this was to facilitate the PPP Congress which was being held in Berbice.
Minister of Tourism Industry and Commerce, Irfaan Ali, who was the first to refute claims made by Harmon, categorically denied that the National Industrial and Commercial Investment Limited (NICIL) has any ownership stake in the company.
In fact, it was pointed out during the debate that NICIL has sold its 950 million shares in the company to the National Insurance Scheme (NIS).
In fact, NICIL retains only one single share in the company and has no directors on the board whilst NIS only has a single director.
The single largest shareholder behind the NIS is Former President Bharrat Jagdeo’s best friend, Dr Ranjisinghi ‘Bobby’ Ramroop through the New Guyana Pharmaceutical Corporation and Queens Atlantic Investment Inc.
He has two directors on the eight member board, namely Avalon Jagnandan and Ravi Ramcharitar.
Ali argued that “The Government has no direct ownership stake in company”.
He further stated that if the Government were to intervene it would be a breach of contract and “take us back to those dark years when Government imposed its heavy hand on private capital”.
The Minister also responded to comparisons in the tolls at the Demerara Harbour Bridge as against the Bridge over the Berbice River.
According to Ali, the Demerara Bridge is owned by the Government and benefits from annual subsidy and in contrast, the Berbice River Bridge is a Public Private Partnership which does not receive any subsidy.
Ali said that like any private company, it is required to generate enough revenue to run its operations as well as make its payments.
Public Works Minister, Robeson Benn, under whose responsibility the Bridge Falls, was adamant that he would not reduce the tolls as is called for by the motion without any consideration of the various market forces.

Trevor Williams of the AFC boldly displays a copy of the Kaieteur News during the debate.

Trevor Williams of the AFC boldly displays a copy of the Kaieteur News during the debate.

“I will not reduce the toll for any person in Guyana until we have determined economically that it will be a benefit,” asserted Benn.
The comment by Benn was condemned as arrogance, to make such a statement even before the motion was voted on.
According to Minister Benn, the motion brought by APNU represents a shot fired across the bow of all who want to invest in Guyana.
He said that for Government to interfere with the private company would be a de facto nationalization of the bridge.
Benn argued that this time around it would not be the nationalizing of foreign owned companies that would have run roughshod over Guyanese: “we would be taking away from our own people…the very people you want to help in a short sighted way.”
The Minister argued that if Government were to impose on the company to reduce the toll it would be “the worst thing that ever happened in Guyana…we would be taking away from our own people; unheard of.”
According to Benn “it’s easy to shout reduce the tolls to get some vote; it’s just like saying reduce the VAT….We will not go back to the days of irresponsible management of the economy.”
The Minister was adamant that the proposals by Harmon “cannot fly” and as such he could not accede to the move which he claims will result in a destruction of the operation of the Bridge in a few years.
The Minister suggested to Harmon that the motion be put on hold to facilitate further consultation.
Harmon, in calling for a vote, reminded the House that the motion was filed in December 2013, “so when the Minister says we should have time, and we are in May of 2014, a lot of time has passed.”
He further pointed out that the issue of the reduction of tolls across the Berbice Bridge was part of the Budget discussion in 2012, “so this is nothing new.”
Harmon further went on to chastise Benn and added that “saying he will not reduce the toll smacks of arrogance; he has no regard for the resolutions of this House and the people of Berbice.”
Harmon was adamant that a “powerful case has been made for the reduction” and called for the vote.
When the Speaker put the vote to the House the ruling Administration was loud in its disapproval but was overwhelmed by the Opposition’s affirmative vote for the Minister to reduce the tolls to cross the Berbice River Bridge.
Other speakers to the motion included APNU’s Amna Ally who had seconded it as well as PPP’s Faizal Jafarally and Moses Nagamootoo, the Vice Chairman of the Alliance for Change.
At one point during the vociferous debate, Minister Ali rose to object to a photo of slain Minister of Agriculture, Satyadeow Sawh being flashed by ranks in the Opposition back benches.
The Minister complained to the Speaker that he felt that it was a threat to his life as a Minister. It was pointed out to him that Government Chief Whip Gail Teixeira had only moments before been flashing a picture of Dr Walter Rodney.
That poster had the word ‘assassinated’ boldly emblazoned on it.

Replies sorted oldest to newest

Harmon further went on to chastise Benn and added that “saying he will not reduce the toll smacks of arrogance; he has no regard for the resolutions of this House and the people of Berbice.”

 

---- APNU's JOE HARMON.

 

Mr. Harmon came out as the political winner in this debate.  Even the Bengal Tiger of Berbice Moses Nagamootoo had to give ground.  WELL DONE Harmon, the man from West Bank Demerara.

FM

Granted that the Berbice river bridge is mainly privately owned, the shareholders should show that they have a social conscience and reduce the tolls to a manageable level.

Vehicle owners provide the revenue to the shareholders. They deserve some consideration.

FM
Originally Posted by KishanB:

Harmon further went on to chastise Benn and added that “saying he will not reduce the toll smacks of arrogance; he has no regard for the resolutions of this House and the people of Berbice.”

 

---- APNU's JOE HARMON.

 

Mr. Harmon came out as the political winner in this debate.  Even the Bengal Tiger of Berbice Moses Nagamootoo had to give ground.  WELL DONE Harmon, the man from West Bank Demerara.

Correction, Kishan.

Moses has Tamil/Madrasi ancestry, not Bengali.

Therefore, it's more appropriate to call Moses the Tamil Tiger of Berbice.

FM
Originally Posted by Gilbakka:

Granted that the Berbice river bridge is mainly privately owned, the shareholders should show that they have a social conscience and reduce the tolls to a manageable level.

Vehicle owners provide the revenue to the shareholders. They deserve some consideration.

The Guyanese people paid 90% of the cost of the bridge and the ten percenters own it completely. That is the fate of the Guyanese people. 90 percent of the state assets will end up into the PPP's friends and family pocket. Everything they do is a scam. Look clearly you will see it if you care to look with your heart and senses. The Marriott...who do you think is building it for "some unknown investor"...most certainly that  will be bobby the boob....and all on the Guyanese people's coin once again.

 

And guess what...when that happens, all the PPP sheep will bend their knees to their masters and say....you did well! PPP supporters are gutless swines. They know they are acting against their own interest since none of them gain by it...they remain destitute and on the margin of starvation while the PPP  clan become the nation’s fatted calves. These people prefer to live in the reflected glow of their race becoming rich stealing the nations blind than even contemplate fairness if it means other than their kind in office.

FM
Last edited by Former Member
Originally Posted by Stormborn:
Originally Posted by Gilbakka:

Granted that the Berbice river bridge is mainly privately owned, the shareholders should show that they have a social conscience and reduce the tolls to a manageable level.

Vehicle owners provide the revenue to the shareholders. They deserve some consideration.

The Guyanese people paid 90% of the cost of the bridge and the ten percenters own it completely. That is the fate of the Guyanese people. 90 percent of the state assets will end up into the PPP's friends and family pocket. Everything they do is a scam. Look clearly you will see it if you care to look with your heart and senses. The Marriott...who do you think is building it for "some unknown investor"...most certainly that  will be bobby the boob....and all on the Guyanese people's coin once again.

 

And guess what...when that happens, all the PPP sheep will bend their knees to their masters and say....you did well! PPP supporters are gutless swines. They know they are acting against their own interest since none of them gain by it...they remain destitute and on the margin of starvation while the PPP  clan become the nation’s fatted calves. These people prefer to live in the reflected glow of their race becoming rich stealing the nations blind than even contemplate fairness if it means other than their kind in office.

It's widely suspected and rumored that Bobby's millions are invested in the Marriot. Confirmation will emerge one day, or night when the hotel is opened.

FM
Originally Posted by Gilbakka:
Originally Posted by Stormborn:
Originally Posted by Gilbakka:

Granted that the Berbice river bridge is mainly privately owned, the shareholders should show that they have a social conscience and reduce the tolls to a manageable level.

Vehicle owners provide the revenue to the shareholders. They deserve some consideration.

The Guyanese people paid 90% of the cost of the bridge and the ten percenters own it completely. That is the fate of the Guyanese people. 90 percent of the state assets will end up into the PPP's friends and family pocket. Everything they do is a scam. Look clearly you will see it if you care to look with your heart and senses. The Marriott...who do you think is building it for "some unknown investor"...most certainly that  will be bobby the boob....and all on the Guyanese people's coin once again.

 

And guess what...when that happens, all the PPP sheep will bend their knees to their masters and say....you did well! PPP supporters are gutless swines. They know they are acting against their own interest since none of them gain by it...they remain destitute and on the margin of starvation while the PPP  clan become the nation’s fatted calves. These people prefer to live in the reflected glow of their race becoming rich stealing the nations blind than even contemplate fairness if it means other than their kind in office.

It's widely suspected and rumored that Bobby's millions are invested in the Marriot. Confirmation will emerge one day, or night when the hotel is opened.

The nation has put up every dime and collateralize every loan to date. If bobby was putting his money in from the start then the deal would be his and the nation would have nothing to do with it. However, the PPP in their state/private partnerships have made it possible for the state to pay the lions share of the cost of the build out and their crony comes ins supposedly "investing" and takes the whole cake. This is why everyone complains.

 

If the PPP tells  opens up the deal for anyone to  come up with eight million dollars and secure the loans to complete the hotel and get all of the tax and import perks  plus the casino etc I am sure that dozens of Guyanese will take want to take  it off their hands in  a heart beat.  The problem here is these are all closed deals with friends and family at the heart of them. Sad to say it is always the same people over and over.

FM

The PPP is more interested in the greed of private investors than in the need of the people of Guyana. Minister Ben is only concerned with the financial income of the friends of the PPP. He is not concerned with the cost our poor brothers and sisters have to endure in order to be able to cross the bridge. The bridge was a scam from day one.

Mr.T

This issue really pizz me off.

 

The crabs DAAGS in the PPP really got belly to continue to rob poor people.

 

Nehru, continue to support these tiefs. Once day will come fuh you.

FM

Entire Berbice Bridge deal needs to be restructured to lower financing cost

Posted By Staff Writer On May 20, 2014 @ 5:01 am In Letters | No Comments

Dear Editor,

 

It is unbelievable to us and to many Guyanese that the minority PPP regime and President Ramotar still do not understand the folly of overcharging the travelling public to cross the Berbice River Bridge. But we fully understand that he is not in charge, Jagdeo is. The $2,200 toll charge for mini-buses and cars on the Berbice Bridge is the most expensive in the world yet Minister Robeson Benn has stated emphatically that he will not reduce the toll on the Bridge for any person in Guyana. Mr. Benn claimed that reducing the toll on the Bridge for cars and mini-buses from $2200 to $1000 and to allow motor cycles to cross freely will not be an economic and financial benefit to the people of Berbice.

This is just arrogance and blind ignorance or sheer silliness–to a bread and butter issue for the poor and the working class and it will be costly to the PPP in terms of votes. To what end will the PPP want to protect the profits paid to the Ramroop family (New GPC and Queens Atlantic) who owned some $160 million of shares over the plight of the bottom 40 percent who continue to struggle not only to find the funds to cross that bridge but to put food on the table?

We hope all Berbicians are watching the selfish actions and the lack of compassion that the PPP has for them. This supports our claim that the PPP cabal does not care about the poor; they only care about their rich friends and relatives. We therefore call on all Guyanese, especially Berbicians to stand up to the uncaring minority PPP cabal for abandoning them for their rich friends and relatives. And we urged the supporters of the PPP not to continue to support them because for too long they have taken your support for granted. The PPP cabal believes that they do not have to do anything to help improve the lives of Berbicians because they believe that no matter what, the people of Berbice will vote for them.

We want the people of Guyana, especially Berbicians who are the staunch supporters of the PPP to understand that the Jagdeo/Ramotar minority government does not care about their plight, their welfare and or well-being. We also want Berbicians and all Guyanese to know that during the PPP Congress which was held at Port Mourant, the PPP minority regime reduced the toll on the Bridge for one week to accommodate their supporters. This shows that only a selected few are benefiting from the resources of the country.

This entire Berbice Bridge deal needs to be restructured by allowing the state to buy-out the majority of shares and the debt from the private firms so that the financing cost can come down. Right now over $900 million is being paid to the private banks as interest alone; this is nothing but financial murder.

Next the preference shares being held by the NIS need to be converted to ordinary shares using the powers of the Government’s golden share held by NICIL. All private owners who are not happy with the attempt to reduce the toll can be given a golden handshake with the government purchasing their share at a premium above book value. If the shares are acquired by the government, the benefits to the taxpayers would far exceed those of their friends who are the shareholders.

This bridge is an asset to the nation but it must not be a millstone around the people’s neck because the PPP is more interested in the economic fortunes of its friends than the economic pains of the people. The majority opposition has to act now and decisively.

We want to thank APNU MP Mr. Joe Harmon for his sterling service to the Guyanese people on this issue and the APNU and AFC MPs for supporting the motion in Parliament but now that the minority PPP regime has rejected the will of the majority, what next? The onus is on both APNU and the AFC to let the people of Berbice know that Parliament has voted to lower the toll on the Berbice Bridge but the PPP has not only voted against lowering the toll but has bluntly refused to sign the Bill into law. This must be done now and both parties have to continuously highlight the actions of the PPP to the people.

 

Yours faithfully,
Dr. Asquith Rose and Harish Singh

FM

Minister Benn could ease the bridge toll pain on Berbicians by cross subsidization

Posted By Staff Writer On May 20, 2014 @ 5:05 am In Letters | No Comments

Dear Editor,

Another brouhaha has broken out in Parliament and this time it’s an attempt by the opposition majority to have the tolls charged by the Berbice Bridge Company (BBC) reduced for vehicular and other crossings.

The Berbice River Bridge (BRB) was not an economically/financially viable project to start with as no feasibility study was carried out and therefore the apparent high tolls now being charged is necessary for its operation, maintenance and debt service obligations. I was unable to get any financial information but based on my intuition and observation of the traffic using the bridge it seems that the BRB is having a negative return on its investment. If this is so, then for the tolls to be reduced the Government will have to either provide a subsidy or nationalize the entity if it is to remain solvent.

The Government is already heavily subsidizing the Demerara Harbour Bridge, Guyana Power and Light (GPL), Guysuco, etc. and therefore under the BBC Act the Minister of Public Works has the authority to lower the toll but Minister Benn based on his pronouncement has realized that Berbicians are not among the Government’s greatest supporters. Hence he has stated in no uncertain term that the Government has no intention to lower the tolls and place additional financial burden on its already highly taxed supporters elsewhere.

Under the administration of former President Jagdeo during which period the bridge was designed and built, Mr Brassington from NICIL was able to include in the BBC agreement a crafty clause which allows financial and other information considered confidential kept secret. Therefore no one except the Government and BBC shareholders have access to information financial or otherwise which would indicate whether BBC is making or losing money and it is this information which the opposition needs before it can make any meaningful claim that the toll is excessive and for it to be reduced. Unfortunately, the opposition is unlikely to obtain this or any other information considered confidential by the Government anytime soon for several reasons. The Constitution of Guyana is so framed that any legislation passed in the National Assembly has to have the President’s assent before it becomes law. Simply put no one gets anything unless the President say so, law or no law. Therefore unless Messrs. Granger and Harmon get the necessary changes in the Constitution much of their efforts in Parliament will be going nowhere and the minority Government will continue to spend public funds, award contracts, influence the DPP, etc. with impunity and be answerable to no one.

Because no feasibility was carried out for the BBC, alternative modes to provide cheaper and efficient transportation across the Berbice River were never considered and Berbicians were led to believe by the Jagdeo administration that the BBC would provide a cheaper and more efficient means than the ferry to cross the Berbice river although no financial analysis was given at the time to support this claim. Now that financial reality has kicked in there is apprehension and financial dismay by users.

Minister Benn could ease the pain on Berbicians by cross subsidization. He should increase the toll (very low) on the Demerara Harbour Bridge Crossing and use the money to lower that of the BBC to the extent that its distribution appears fair and equitable. This is not a novel idea. New York City has used it for years. Revenue from its Bridge and Tunnel Authority has been used to subsidize the Long Island Railroad. These entities are part of the City’s integrated transportation system.

Yours faithfully,
Charles Sohan


FM

The PPP’s position on this toll is flawed and must be rejected in its entirety

May 20, 2014 | By | Filed Under Letters 

DEAR EDITOR,
In 2009, the joint Chambers of Commerce in Berbice met representative members of the Berbice Bridge Company, namely Mr. Cheong and Mr. Carter, to discuss the toll charges.  The Berbice businessmen left that meeting stating that they were, “optimistic from the conversation that there would be adjustments to the current toll structure”.   They have now received their answer from the Minister of Public Works, Mr. Robeson Benn – “I will not reduce the toll for any reason…”
Road/bridge transport has been the dominant form of transport in Guyana and thus offers great opportunity for cross subsidization.  This toll definitely needs not be at these extortionate levels. But to find the right level of toll charges, there must be an awareness of the plight of the poor and the working class.  This remains the core issue.
Since 2009, the Ramotar administration, which controls more than 70 percent of the assets of this bridge along with a golden share, has refused to conduct the “Options Analysis” to ascertain the economic feasibility of reducing this toll.  It has chosen instead to take the slothful path and issue silly statements in spite of the miseries of the travelling poor who have to cross that Bridge, be they school children, teachers, nurses or public servants.  This is reason enough for the commencement of a different form of struggle against this anti-human, anti-national and anti-patriotic behaviour by this PPP regime.
I call on the AFC and APNU, especially all those Parliamentarians with roots in Berbice, to use this act of oppression from the PPP, as provocation enough to start a peaceful and non-violent public protest once a week, on Cabinet day. I humbly suggest Vlissengen Road in front of the mecca of oppression, until the demands of the people are met.
Abraham Lincoln once said, “Nearly all men can stand adversity, but if you want to test a man’s character, give him power”.  Power was given to APNU and the AFC some 2 ½ years ago as a collective, but what have they really done with that power?  Name one concession they have gotten for the people from the oppressive PPP?
Their majority rule has been rendered into an epic of ineffective outcomes, by the minority regime. This Berbice Bridge toll issue is just the latest addition to that list of proposals for the benefit of the people, all undermined by the PPP.
The people are not stupid; overwhelmingly the majority supports a reduction of this toll, save and except for a handful in the Jagdeo/Ramotar cabal and their bootlickers.  For his remarkable act in piloting this bill, Mr. Joseph Harmon must be applauded for holding the line in very turbulent waters with much resistance from vested interest in the private sector who have milked hundreds of millions in profits off of the sweat of the traveling poor. History will always remember Mr. Harmon and I raise my hat to him.  Mr. Harmon, you have done your part; let us see what the rest of the MPs on the west side will do going forward?
OPTIONS
No one is asking the Berbice Bridge Company to take a loss, after all in 2011 they made a profit of some $216 million and I was reliably informed that they made a profit of some $252 million in 2012 from a revenue stream of some $1.3 billion.  The 2013 number remains a state secret but the profits were good enough to grant free crossing during the PPP 30th Congress in August 2013.
Prior to the bridge, the unsatisfied demand for this service (crossing the river more efficiently) was tremendous as a result of a broken ferry system.  Therefore, out of desperation, people did say they would pay anything.  But the volume of traffic today has surpassed all benchmarks in the feasibility study at conception.  In business when volume increases, unit price goes down, but not for the greedy owners and their political masters.
In an environment where approximately 666,000 vehicles traversed the bridge in 2013, Mr. Harmon’s proposal is expected to produce a loss of revenue of some $365 million for the Bridge. With a subsidy from Treasury of some $300 million every year, the company with $252 million profit can easily eat the residual $65 million.  This is very possible for people and country.
After all, the State subsidized the operations of the Demerara Harbour Bridge in 2013 by some $300 million.
But the PPP has calculated that it can push the boundaries of rationality because it has its racial cast net to haul-in the Berbicians at election time.  But it is so wrong since that cast net has many holes today.
In an environment of social media and TV; the absence of judicious, fair and transparent governance will be punished severely.  We only have to reflect on how Mr. Modi in India broke down the “caste silos” as the people rebelled against the misrule of the Gandhi dynasty.  In Guyana, with an ever-youthful population, and with so much economic oppression, the “racial silos” have started to break down.
No amount of propaganda on NCN can erase Mr. Benn’s pronouncements.  Unless the PPP adheres to the instructions of Parliament with respect to this bridge, the poor and the working class in Berbice will be very unkind to the party at the ballot box.
In the final analysis, the PPP’s position on this toll is flawed and must be rejected in its entirety.  The tolls must come down; over to you Mr. Granger!
Sase Singh

Latest Letters Headlines


FM

Heh Heh Heh. KishanB dem and Rosie dem bait de Linden peopkle seh subsidy foh Linden. Dem seh cut de fare foh de bridge. PPP seh remove de subsidy foh blackman and keep de price high foh c00lie man a Berbice deh. De PPP now is de pro business party like Modi and Rosie and KishanB a now de polulis. Lard have mercy!

FM

The PPP’s position on this toll is flawed and must be rejected in its entirety

May 20, 2014 | By | Filed Under Letters 

DEAR EDITOR, In 2009, the joint Chambers of Commerce in Berbice met representative members of the Berbice Bridge Company, namely Mr. Cheong and Mr. Carter, to discuss the toll charges.  The Berbice businessmen left that meeting stating that they were, “optimistic from the conversation that there would be adjustments to the current toll structure”.   They have now received their answer from the Minister of Public Works, Mr. Robeson Benn – “I will not reduce the toll for any reason…” Road/bridge transport has been the dominant form of transport in Guyana and thus offers great opportunity for cross subsidization.  This toll definitely needs not be at these extortionate levels. But to find the right level of toll charges, there must be an awareness of the plight of the poor and the working class.  This remains the core issue. Since 2009, the Ramotar administration, which controls more than 70 percent of the assets of this bridge along with a golden share, has refused to conduct the “Options Analysis” to ascertain the economic feasibility of reducing this toll.  It has chosen instead to take the slothful path and issue silly statements in spite of the miseries of the travelling poor who have to cross that Bridge, be they school children, teachers, nurses or public servants.  This is reason enough for the commencement of a different form of struggle against this anti-human, anti-national and anti-patriotic behaviour by this PPP regime. I call on the AFC and APNU, especially all those Parliamentarians with roots in Berbice, to use this act of oppression from the PPP, as provocation enough to start a peaceful and non-violent public protest once a week, on Cabinet day. I humbly suggest Vlissengen Road in front of the mecca of oppression, until the demands of the people are met. Abraham Lincoln once said, “Nearly all men can stand adversity, but if you want to test a man’s character, give him power”.  Power was given to APNU and the AFC some 2 ½ years ago as a collective, but what have they really done with that power?  Name one concession they have gotten for the people from the oppressive PPP? Their majority rule has been rendered into an epic of ineffective outcomes, by the minority regime. This Berbice Bridge toll issue is just the latest addition to that list of proposals for the benefit of the people, all undermined by the PPP. The people are not stupid; overwhelmingly the majority supports a reduction of this toll, save and except for a handful in the Jagdeo/Ramotar cabal and their bootlickers.  For his remarkable act in piloting this bill, Mr. Joseph Harmon must be applauded for holding the line in very turbulent waters with much resistance from vested interest in the private sector who have milked hundreds of millions in profits off of the sweat of the traveling poor. History will always remember Mr. Harmon and I raise my hat to him.  Mr. Harmon, you have done your part; let us see what the rest of the MPs on the west side will do going forward? OPTIONS No one is asking the Berbice Bridge Company to take a loss, after all in 2011 they made a profit of some $216 million and I was reliably informed that they made a profit of some $252 million in 2012 from a revenue stream of some $1.3 billion.  The 2013 number remains a state secret but the profits were good enough to grant free crossing during the PPP 30th Congress in August 2013. Prior to the bridge, the unsatisfied demand for this service (crossing the river more efficiently) was tremendous as a result of a broken ferry system.  Therefore, out of desperation, people did say they would pay anything.  But the volume of traffic today has surpassed all benchmarks in the feasibility study at conception.  In business when volume increases, unit price goes down, but not for the greedy owners and their political masters. In an environment where approximately 666,000 vehicles traversed the bridge in 2013, Mr. Harmon’s proposal is expected to produce a loss of revenue of some $365 million for the Bridge. With a subsidy from Treasury of some $300 million every year, the company with $252 million profit can easily eat the residual $65 million.  This is very possible for people and country. After all, the State subsidized the operations of the Demerara Harbour Bridge in 2013 by some $300 million. But the PPP has calculated that it can push the boundaries of rationality because it has its racial cast net to haul-in the Berbicians at election time.  But it is so wrong since that cast net has many holes today. In an environment of social media and TV; the absence of judicious, fair and transparent governance will be punished severely.  We only have to reflect on how Mr. Modi in India broke down the “caste silos” as the people rebelled against the misrule of the Gandhi dynasty.  In Guyana, with an ever-youthful population, and with so much economic oppression, the “racial silos” have started to break down. No amount of propaganda on NCN can erase Mr. Benn’s pronouncements.  Unless the PPP adheres to the instructions of Parliament with respect to this bridge, the poor and the working class in Berbice will be very unkind to the party at the ballot box. In the final analysis, the PPP’s position on this toll is flawed and must be rejected in its entirety.  The tolls must come down; over to you Mr. Granger! Sase Singh

Mitwah

Since 2009, the Ramotar administration, which controls more than 70 percent of the assets of this bridge along with a golden share, has refused to conduct the “Options Analysis” to ascertain the economic feasibility of reducing this toll.  It has chosen instead to take the slothful path and issue silly statements in spite of the miseries of the travelling poor who have to cross that Bridge, be they school children, teachers, nurses or public servants.  -

FM
Originally Posted by Brian Teekah:

Skeldon Man as a Berbician, do you think the tolls must come down?

 

Berbice Bridge!

I think the government should subsidize the tolls the same way they do for the electricity rates for the Lindeners. Agree? How about berbicians paying $5.00 per crossing?

FM
Last edited by Former Member
Originally Posted by skeldon_man:
Originally Posted by Brian Teekah:

Skeldon Man as a Berbician, do you think the tolls must come down?

 

Berbice Bridge!

I think the government should subsidize the tolls the same way they do for the electricity rates for the Lindeners. Agree? How about berbicians paying $5.00 per crossing?

 

That is a solution to you  because you are a bigoted twit. The sugar industry is already being subsidized to the tune of some 6 billion annually. Further, the People already paid 90% of the cost of building the bridge so the own the majority stake in the enterprise. Dividends due the state to the tune of some 110 millions annually are illegally refused by the Penguin Brazzie. The idea of paying these leeches half of their predatory fees is unadulterated nonsense.

FM
Originally Posted by Stormborn:
Originally Posted by skeldon_man:
Originally Posted by Brian Teekah:

Skeldon Man as a Berbician, do you think the tolls must come down?

 

Berbice Bridge!

I think the government should subsidize the tolls the same way they do for the electricity rates for the Lindeners. Agree? How about berbicians paying $5.00 per crossing?

 

That is a solution to you  because you are a bigoted twit. The sugar industry is already being subsidized to the tune of some 6 billion annually. Further, the People already paid 90% of the cost of building the bridge so the own the majority stake in the enterprise. Dividends due the state to the tune of some 110 millions annually are illegally refused by the Penguin Brazzie. The idea of paying these leeches half of their predatory fees is unadulterated nonsense.

You racist female canine. Not all Berbicians work in the sugar industry or benefit form it. I do expose your hate and racist attitude for the Indians. There is no doubt that you are Amerind/Negro mixture. You have no India indian blood in you..what a liar! Guh wash you stinking cyat.

FM
Originally Posted by skeldon_man:
Originally Posted by Stormborn:
Originally Posted by skeldon_man:
Originally Posted by Brian Teekah:

Skeldon Man as a Berbician, do you think the tolls must come down?

 

Berbice Bridge!

I think the government should subsidize the tolls the same way they do for the electricity rates for the Lindeners. Agree? How about berbicians paying $5.00 per crossing?

 

That is a solution to you  because you are a bigoted twit. The sugar industry is already being subsidized to the tune of some 6 billion annually. Further, the People already paid 90% of the cost of building the bridge so the own the majority stake in the enterprise. Dividends due the state to the tune of some 110 millions annually are illegally refused by the Penguin Brazzie. The idea of paying these leeches half of their predatory fees is unadulterated nonsense.

You racist female canine. Not all Berbicians work in the sugar industry or benefit form it. I do expose your hate and racist attitude for the Indians. There is no doubt that you are Amerind/Negro mixture. You have no India indian blood in you..what a liar! Guh wash you stinking cyat.

The sugar industry is the majority employer. Further, I made the analogy to illustrate you bigotry. It is not a matter of comparing who got what but this is a matter of a bridge, owned by the people but managed the minority share holders ( BOOT used in crony Capitalism) who take all the earnings and gouge the owners of the bridge.

 

Your habit blinds  you into parsing everything by race. I do not care what you think I am. You happen to be wrong since I know who I am. I guess you need to massage your filthy racist core with the view that only a black person can speak of the ills of the Indian PPP government.

 

But that is besides the point. Who I am has nothing to do with available facts that can be easily vetted if you had but an ounce of compunction for the truth.

FM
Last edited by Former Member
Originally Posted by Stormborn:
Originally Posted by skeldon_man:
Originally Posted by Stormborn:
Originally Posted by skeldon_man:
Originally Posted by Brian Teekah:

Skeldon Man as a Berbician, do you think the tolls must come down?

 

Berbice Bridge!

I think the government should subsidize the tolls the same way they do for the electricity rates for the Lindeners. Agree? How about berbicians paying $5.00 per crossing?

 

That is a solution to you  because you are a bigoted twit. The sugar industry is already being subsidized to the tune of some 6 billion annually. Further, the People already paid 90% of the cost of building the bridge so the own the majority stake in the enterprise. Dividends due the state to the tune of some 110 millions annually are illegally refused by the Penguin Brazzie. The idea of paying these leeches half of their predatory fees is unadulterated nonsense.

You racist female canine. Not all Berbicians work in the sugar industry or benefit form it. I do expose your hate and racist attitude for the Indians. There is no doubt that you are Amerind/Negro mixture. You have no India indian blood in you..what a liar! Guh wash you stinking cyat.

The sugar industry is the majority employer. Further, I made the analogy to illustrate you bigotry. It is not a matter of comparing who got what but this is a matter of a bridge, owned by the people but managed the minority share holders ( BOOT used in crony Capitalism) who take all the earnings and gouge the owners of the bridge.

 

Your habit blinds  you into parsing everything by race. I do not care what you think I am. You happen to be wrong since I know who I am. I guess you need to massage your filthy racist core with the view that only a black person can speak of the ills of the Indian PPP government.

 

But that is besides the point. Who I am has nothing to do with available facts that can be easily vetted if you had but an ounce of compunction for the truth.

Ain't nobady gat time for moe ah dis stinkin hagwash. Flush dis down de tailet.

FM
Originally Posted by skeldon_man:
Originally Posted by Stormborn:
Originally Posted by skeldon_man:
Originally Posted by Stormborn:
Originally Posted by skeldon_man:
Originally Posted by Brian Teekah:

Skeldon Man as a Berbician, do you think the tolls must come down?

 

Berbice Bridge!

I think the government should subsidize the tolls the same way they do for the electricity rates for the Lindeners. Agree? How about berbicians paying $5.00 per crossing?

 

That is a solution to you  because you are a bigoted twit. The sugar industry is already being subsidized to the tune of some 6 billion annually. Further, the People already paid 90% of the cost of building the bridge so the own the majority stake in the enterprise. Dividends due the state to the tune of some 110 millions annually are illegally refused by the Penguin Brazzie. The idea of paying these leeches half of their predatory fees is unadulterated nonsense.

You racist female canine. Not all Berbicians work in the sugar industry or benefit form it. I do expose your hate and racist attitude for the Indians. There is no doubt that you are Amerind/Negro mixture. You have no India indian blood in you..what a liar! Guh wash you stinking cyat.

The sugar industry is the majority employer. Further, I made the analogy to illustrate you bigotry. It is not a matter of comparing who got what but this is a matter of a bridge, owned by the people but managed the minority share holders ( BOOT used in crony Capitalism) who take all the earnings and gouge the owners of the bridge.

 

Your habit blinds  you into parsing everything by race. I do not care what you think I am. You happen to be wrong since I know who I am. I guess you need to massage your filthy racist core with the view that only a black person can speak of the ills of the Indian PPP government.

 

But that is besides the point. Who I am has nothing to do with available facts that can be easily vetted if you had but an ounce of compunction for the truth.

Ain't nobady gat time for moe ah dis stinkin hagwash. Flush dis down de tailet.

Again, you are not the target of my texts. You are merely a toxic commentator. I respond to watch you reduce yourself to natural habitat among the denizens of the trash heap.

FM

Berbice bridge toll rejection…Government has chosen the investors over the people of Guyana – Harmon

MAY 22, 2014 | BY  | FILED UNDER NEWS 

“The Peoples Progressive Party [PPP] should be ashamed that after such a long time the Berbice Bridge remains an albatross around the necks of Berbicians and people who have to use that Bridge and still they have not seen it fit to reduce this toll after the cry of Berbicians.”
These assertions were made by A Partnership for National Unity (APNU) Executive and Shadow Minister of Public Works and Transportation Joseph Harmon in response to the recent comment by General Secretary of the PPP Clement Rohee that the Opposition will chase away investors with their demand to reduce the Bridge tolls.

APNU Shadow Minister for Public Works and Transportation Joseph Harmon

APNU Shadow Minister for Public Works and Transportation Joseph Harmon

Harmon said Government has chosen “… the investors against the people of Guyana and that is the choice which they have made and that is not our choice. We have looked at the situation, we have listened to the cries of the people, the Berbice Chamber of Commerce also asked about it.”
According to Harmon the Government is now trying to save face. “Investors would know that this is something that can be adjusted, the investors know that but what happened is that the Government under former President Bharrat Jagdeo passed an Act in Parliament (the Berbice Bridge Act).”
This Act according to Harmon “elevated the concession agreement to the level of a Government contract. So in other words it’s now binding the Government by what they have done there. They have given 21 years of concessions on all sorts of things. In addition to that no taxes are to be paid by the investors and no taxes on the interest. So what you have are concessions all the way to the bank.”
He continued that “now a Minister of Government Mr. Irfan Ali is saying that we don’t even have a director… we have no representation on the board, now how could that be when you put all of your money in there and the Government now decides that there is no need for Government representation and decide that they are going to forgo the payment of your money that is in there.”
It was pointed out during the recent debate on the reduction of the River Bridge toll in Parliament that NICIL had sold its 950 million shares in the company to the National Insurance Scheme (NIS).
In fact, NICIL retains only one single share in the company and has no directors on the board whilst NIS only has a single director.
The single largest shareholder behind the NIS is Former President Bharrat Jagdeo’s best friend, Dr Ranjisinghi ‘Bobby’ Ramroop through the New Guyana Pharmaceutical Corporation and Queens Atlantic Investment Inc.
He has two directors on the eight member board, namely Avalon Jagnandan and Ravi Ramcharitar.
Ali had argued that “The Government has no direct ownership stake in company”.
“So they will say that look we are going to give to some people who have a little more interest and so on and who we want to fix up, we are going to give them a greater set of the money up front. So very early and quickly they make back their money while we have to wait” Harmon outlined.
He continued that the lifespan of the Bridge is 30 years, but the concession is 21 years “so by the time the Bridge is transferred back; it will only have 9 years left when, repairs, renovation and maintenance has to take place.”
“What kind of arrangement is that? for 21 years the good useful life of the Bridge… the maintenance level will be very low but when the Bridge gets old and at its last that is when the people will get it, and that’s when maintenance will go up and therefore any profit will have to go into maintenance and for the cost to then go down it will have to be subsidized” said Harmon.
APNU recently brought a resolution to the National Assembly seeking to reduce the toll of the Bridge which they said commuters (especially Berbicians) had complained as being very costly to travel.
The resolution was passed in the National Assembly but was rejected by the PPP led Government who through its Minister for Public works and Transportation Robeson Benn said that “I will not reduce the toll for any person in Guyana until we have determined economically that it will be a benefit.”
According to Harmon he “told Minister Benn in the National Assembly that if President Donald Ramotar does not replace him (Benn) with somebody who will respond to the dictates of the National Assembly, the people will do so and he will be out of there and then we will put a Minister who could address the concerns of the people and reduce the toll.”

FM

Appalling concessions given to private investors in Berbice Bridge

MAY 24, 2014 | BY  | FILED UNDER NEWS 

…Opposition intends to up the ante to have tolls reduced – Harmon 
A Partnership for National Unity (APNU) is gearing to up the ante to bring Government into compliance with a resolution it approved in the House recently to reduce the tolls charged to cross the Berbice River bridge.

Ranjisinghi ‘Bobby’ Ramroop

Ranjisinghi ‘Bobby’ Ramroop

Government throughout the debate maintained that it would not comply with the motion and the Attorney General.
Anil Nandlall has in the past argued that such resolutions in the House are not binding on Government.
APNU’s Joseph Harmon, in a brief interview with this publication said that the coalition has a number of options available, including hauling the company before the Parliamentary Economic Services Committee.
The APNU Member who brought the motion to the House said that they will also be seeking to engage the public to have public opinion brought to bear on the company to force the reduction in the tolls.
He said that there must be a public expression of support on the part of the Guyanese people
Harmon in insisting that the company can afford to reduce the tolls, pointed out that there are numerous appalling concessions that were handed to the company such as tax free dividends and guaranteed rate of returns, among others.
He lamented that many of the concessions are not public knowledge given the infamous ‘Brassington Clause’ which limits the sharing of information.
The National Industrial and Commercial Investments Limited (NICIL) which had held 950 million shares, the single largest bloc, prior to the sale to the National Insurance Scheme (NIS), had waived collecting several hundred millions in dividends to allow the other private investors to reap the benefits.
Behind NIS, the single largest private shareholding belongs to Dr. Ranjisinghi ‘Bobby’ Ramroop through the New Guyana Pharmaceutical Corporation (GPC) and Queens Atlantic Investment Inc (QAII).
When the motion was debated in the House, Public Works Minister, Robeson Benn had said bluntly, “I will not reduce the toll for any person in Guyana until we have determined economically that it will be a benefit.”
That debate was punctuated with perceived threats of murder, incessant heckling and even a bout of blackout, when the Peoples Progressive Party Civic (PPP/C) Government rejected the motion to reduce the tolls for crossing the Berbice River Bridge, but it was in the end approved by the Full House given the voting strength of the Political Opposition.
The Motion was successfully piloted by Harmon, who argued that the tolls being charged by the Berbice Bridge Company Inc was excessively high and meant to only enrich  a few.
He said that arguments that the company is a private one are nullified by the fact that under the Berbice Bridge Act, the Minister of Public Works has responsibility for the setting of the tolls.

APNU’s Joseph Harmon

APNU’s Joseph Harmon

The ownership structure of the Company is made up of ordinary share capital of $400 million owned by Private investors and preference shares of $950 million owned by NIS.
The holders of the ordinary shares, are NIS, New GPC, Queens Atlantic and Secure International Finance Company, each having $80 million, and Hand-in-Hand and Demerara Contractors each holding $40 million.
The project was built using the controversial Public Private Partnership under a Built Own Operate Transfer.
Ownership of the company will have the status quo maintained for 21 years after which it will be turned over to Government.

 

FM

Add Reply

×
×
×
×
×
Link copied to your clipboard.
×
×