More disclosure needed on oil exploration -YCT

Citizens have not been getting enough disclosure from authorities on oil exploration activities here, according to the Youth Coalition for Transformation (YCT).

Addressing the management of Guyana’s energy sector at a news conference on Friday, YCT Tabitha Sarabo said that with the possibility of an oil find, locals should be sensitized in the area so as to ensure that they are the beneficiaries in this new sector.

“The people of Guyana are cognizant of the rampant corruption that exists in government and the lethargic response by government to harness corruption and with demands and rewards of oil and energy find in commercial quantities we must be on guard,” Sarabo said.

She pointed out that the recent signing with Ansa McAl for an ethanol plant and the proposal to allocate hectares of land for this project evokes “distrust and discontent” of government’s ability to manage Guyana’s natural resources fairly.
“YCT believes that the involvement of Guyanese in the decision-making process as stakeholders serve to ensure transparency and accountability and effective oversight in spending of taxpayers’ dollars and investment of state resources… you cannot invest the people’s money and resources without their consent,” Sarabo stated.

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