EDITOR, The Tribune.
Just for some perspective on the $15,000.000.00 Tugs, the People (taxpayers) have to spend $ 200,000,000.00, or in English, two hundred million dollars, to generate $15,000,000.00 of VAT.
If I might be so bold as to suggest an obviously unconsidered alternative “recoupment”, perhaps the Minister could put them up for sale, before they too are broken down or up on dry dock.
How well has any Bahamas Government ever managed ownership of floating assets, or any other kind of asset for that matter.
And to manage the contingency of a disaster in the harbour, maybe one or two of the existing RBDF vessels might be deployed to this side of the island, where we have deep water ingress and egress.
MONEKEEDOO
Nassau,
May 16, 2018.
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