The lease of 441 acres is larger than the Ogle Airport Inc initial proposal

Dear Editor,

First, I express my appreciation to Kaieteur News for its exposure of the blatant denial, of taxpayers support, by Ogle Airport Inc (OAI) via their Public Communications Consultant Kit Nascimento.  KN has independently established the generosity of the state to OAI, and the real and opportunity costs to the state and taxpayers for this generosity.

I again maintain my position that those in receipt of the generosity of the state should not turn that over to make supernormal profits. I mentioned the issue of those wanting to dispose of house lots before the statutory period ends. This same issue has also been entrenched in the Telecommunications Act, which states that before carriers sell off shares or change owners, the state must give approval.  It will now also surface in the oil block leases. Those who sold off shares to TOTAL should have to pay penalties to the state.

My position on Ogle was:

“I want to advance a formula to the Lands and Survey Commission/Ministry of Public Infrastructure where subletting at Ogle is concerned.  Let OAI pay an annual processing fee for the subletted portions.  The annual processing fee would equal –

Proposed subletting rent per acre less (-) annual lease rental of $6.

This way any exorbitant rental fee would come to the state.”

Yours faithfully,

Manzoor Nadir