Photo of The WeekCONFUSION INDEED: the facsimile of the National Review page of the Nassau Guardian. The Guardian even had an editorial on the same issue last week. The Tribune had its own version. The Government when it talks says that its doing a great job. Well we think not. But then again Prime Minister Hubert Minnis is a genius and we are all fools. Our photo of the week of the National Review of The Nassau Guardian describing on Wednesday 23rd October 2019, the decision to change command at the Royal Bahamas Defence Force in mid hurricane relief as a wave of confusion.
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The latest political storm over the National Investment Fund raises an important question—but perhaps not the one the Opposition wants Bahamians to ask.
The FNM looks for every opportunity to spin some sort of narrative that attempts to convince the public that the PLP government is corrupt. It gets their social media trolls outraged and creates theater, and the leader of the opposition, Mr. Michael Pintard, never asks the right questions.
Yes, the public deserves to know how every dollar of public money is used. Absolutely! Transparency is not a favour; it is an obligation of government.
But accountability must work both ways.
The suggestion that money moving through the National Investment Fund automatically represents some financial wrongdoing risks turning a legitimate question into political theatre. The Government has explained that excess borrowing receipts were transferred into the Fund and that significant resources have been directed toward national infrastructure, including the ambitious Family Island Airport Renaissance. These are not abstract numbers. Nothing untoward. They represent airports, runways, terminals and infrastructure intended to connect Bahamians to opportunity.
The Opposition is perfectly entitled to scrutinise the Government. That is democracy.
But scrutiny should demand facts—not insinuations or innuendos.
Perhaps the better question, Mr. Pintard, is not simply, “Where did the money go?” It is: “What did the Bahamian people get for it?”
If the answer is modern infrastructure, improved connectivity, and greater economic opportunity for communities that have too often been treated as afterthoughts, then the Government deserves credit for investing beyond Nassau.
At the same time, Government must welcome the questions, provide the documentation and make the numbers understandable, which they promised they will do because public money belongs to the Bahamian people.
Tuesday 4th, August 2026, marked the 71st Anniversary of the signing of the Hawksbill Creek Agreement. The occasion passed without any public statements from the Grand Bahama Port Authority; that seemed curious, and we wondered why? Could it be because of the antics after the arbitration rulings that came in March this year? The arbitration ruling made clear The Sovereign Right of the government of the Bahamas and, by extension, the Supremacy of Parliament of the Bahamas. It has also made clear that the Port Authority would have to pay an annual fee (based on a sum of Monies to be agreed) and moving forward to the Bahamas Government. So, could it be the anniversary only marked another year of liability that has become due to the government by the Port Authority that has yet payed anything thus far?
Let me say at the outset that Freeport Grand Bahama holds greatest opportunity for the swiftest growth and development in this country. Given the geopolitical instability on the world stage today; Grand Bahama’s proximity to the United States gives us the quickest turnaround time for redevelopment. Notwithstanding the aging and somewhat dilapidated infrastructure of the city.
If Freeport is to take advantage of this opportunity there must be a “Reset “. The city requires an injection of hundreds of Millions of dollars in capital to set the dilapidated infrastructure back on a solid footing. The infrastructure all over the city is in need of urgent attention. Some developers licensed by the GBPA have walked away from their responsibilities as Developers of various subdivisions. The Taino Beach Bridge and the public drama surrounding the crumbling Port Lucaya Marina tells the story of a Grand Bahama Port Authority that’s on life support and starved of the very Capital needed to reinvest. The Port Lucaya Marketplace Marina, tells the embarrassing story that the Grand Bahama Port Authority and the Grand Bahama Development company are at odds with one another .
The only assets left that the Port Authority has not divested it selves off are the GB Utility company, Freeport Harbor company, and its ability to license. The company has divested itself of all the other assets.
The government of the Bahamas now owns the city’s Airport and Grand Bahama Power Company. Key components of the City’s infrastructure. On this present trajectory, the GBPA will soon turn over the crumbling roads of Freeport to the government. God forbid!
The Law Lords in the arbitration determination describe the Grand Bahama Port Authority as balance sheet insolvent. Clearly wisdom dictates that personal emotions that has often times taken place of better judgment should now be placed on the shelf. The Grand Bahama Port Authority must now find an investor partner with the financial ability to set things straight, or alternatively, find a buyer with the financial capacity to breed New Life into a aging City that has never realized its full potential. One way or the other, the monies that is owing to the government, and the people, of the Bahamas must be paid. Freeport, the city located 90 miles east of West Palm Beach, Florida must not fail; and, the government of the Bahamas must not blink. According to the agreement itself, the arbitration once final, does not allow for an appeal.
The government holds the stick called “insolvency” and the law is clear on how it is dealt with. Again, the government must not blink. Recalcitrant Investors, or not.
