NIS will collapse given backward management

first_imgDear Editor,The National Insurance Scheme (NIS) is bound to collapse given its present management. This is a certain fact when you peruse the last actuarial report on the corporation. As the name suggests, the National Insurance Scheme is a corporation that caters for the welfare and good of all of its members when they would have reached the mature age of retirement. A well-thought-out plan for the good which works very well, especially for many of those workers who only lived for today and not for tomorrow. So, the NIS is a wonderful idea put into action.Now, why should an institution with such lofty ideals ever see bad times, failure or collapse, a question every onlooker is asking right now? Well, here’s a couple of reasons for that morbidity. As the name suggests, NIS is a welfare institution; however, if it is run purely on welfare lines, as is the present situation, then it is headed for sure failure. The NIS is also a bank; one should never lose sight of that, which means that there are inflows and outflows. If there are only outflows and not commensurate inflows, then again I say it would become a bankrupt body. Then, it is a warning bell to the powers that be that the Insurance Scheme is in trouble and there have to be mechanisms put in place to have it run on commercial lines. This is something the previous Administration had well in place which transformed the Scheme into a huge success story.Another factor that must be taken into consideration is the fact that NIS is almost totally dependent on the contributions coming in from Government employed personnel and from – the very important factor – investment. On these pillars, the NIS is buoyed; without these, it will fall.Now, when this People’s National Congress (PNC)-led Administration came into power that viability was dampened in two key areas, that is in the Government service areas when over 7000 sugar workers were dismissed from regular earnings and regular NIS contributions. In addition, there were others such as 2000 workers more in the Amerindian community who lost their jobs. This means that direct inflows into the Scheme were heavily affected.But this is my main concern and I draw your attention to the way this Government dealt with investment made by the People’s Progressive Party/Civic (PPP/C) Government. I make mention of the Berbice Bridge investment made by NIS; the incoming PNC Administration deliberate move tampered with the above-board and sound investment made by the previous Administration through the NIS in that bridge. They threw the original contract overboard and deliberately lowered the toll for the users of the Bridge. That meant instant failure as it puts the returns of the investors in jeopardy.When failure begins to seep into the PNC/AFC coalition, they turn again to blame that failure on the PPP/C. Outrageous!I must hasten to a close, but I will say this, do you know that the successful and efficient management of the National Insurance Corporation (NIC) there has led the Government of St Lucia to cease payment of pensions? Yes, since 2003, all Government employed workers are now paid a percentage of their earnings by the NIC? If you do not believe me, I urge you to make a telephone call to the Government or Corporation and you will be apprised of it. Tells you how backward the PNC-led coalition has led Guyana, instead of progressing we are digressing.Respectfully,Neil   Adamslast_img read more

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Lawmakers Given 14-Day Ultimatum to Return ‘Old’ Official License Plates

first_imgOne of the authorized and real official license car plates of members of House of RepresentativesThe Daily Observer has reliably gathered that the leadership of the House of Representatives, through Speaker Bhofal Chambers, has given a 14-day ultimatum to current members and former members of  the House of Representatives of the 54th and 53rd Legislature respectively, who were issued the “Old Official License Plates,” to return them to the Chief Clerk’s office.The Speaker has also demanded staffs and support staffs of the House of Representatives, who were assigned the “Old License Plates,” to do same.According to an anonymous tip, a circular dated July 10, 2018, signed by Chief Clerk Mildred Sayon under the directive of Speaker Chambers, titled: “Retrieval of the Old Official License Plates of the Honorable House of Representatives.Another authorized and real official license plates of members of the House of Representatives“By directive of Hon. Bhofal Chambers, Speaker of the 54th Legislature, former members of the House of Representatives of the 53rd and current members of the House of Representatives of the 54th Legislature, are to turn over the assigned old official license plates to the Office of the Chief Clerk,” the circular said, according to the anonymous tip.It added: “This mandate should claim the attention of all concerned as the Speaker expects your response to this call in two weeks, as of the date stated above (July 10, 2018).”The old license plates, either dominantly black or white do not have “LEGISLATURE or LB,” unlike the new License Plates which have “LEGISLATURE or LB.”There are reports that the Ministry of Finance and Development Planning (MFDP), the Ministry of Transport (MoT), the Liberia National Police (LNP) and the Liberia Revenue Authority (LRA) met the leadership of the House of Representatives and the Liberian Senate to help in the collection and retrieval of the Old Official License Car Plates.However, besides the fight to curb corruption and generate revenue, there are also reports that, “Certain vehicles with the old license plates have been spotted in indecent places or are being used in crime-related activities.“In view of this development, the Honorable Speaker, through the leadership of the House of Representatives, has given instructions for the immediate recall of all the old license plates issued in the 53rd Legislature,” the anonymous source said.It has also been reported that the Liberian Senate has further instructed the Ministry of Transport and the Liberia National Police (LNP) to arrest anyone who is possession of the Senate’s old license plates.Meanwhile, an employee of the General Service Agency (GSA) in the Motor Pool Department said over 300 “Old License Plates” were distributed to members of the House of Representatives and Senate, as well as staffs of the 53rd Legislature and are to expire on Monday, January 15, 2018.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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Guardiola critical of much-changed City

first_img“From tomorrow we will be happy to be in the quarter-finals for the second time in this club’s history. We are new in that position, so we are so happy for that,” said Guardiola.“Even the first half was quite good, in the second half we forgot to attack, we forgot to play.“Just to pass to pass for itself is nothing, so the second half was really, really poor.”Guardiola could afford the luxury of making six changes from Sunday’s dominant 1-0 win over Chelsea, but still saw his side extend their aggregate advantage early on when Gabriel Jesus tapped home after just eight minutes.However, Mohamed Elyounoussi exposed some slack City defending to smash in an equaliser for the visitors nine minutes later before Michael Lang rocketed home a spectacular winner 19 minutes from time.“It’s special for us to beat this team and we go out of the Champions League with a decent performance in a very difficult situation,” said Basel coach Raphael Wicky.City could have the Premier League mathematically wrapped up by the time they are next in Champions League action in early April.– City not yet ready? –Despite losing for just the fourth time all season, the runaway Premier League leaders still cruised through 5-2 on aggregate after doing the hard work in Switzerland three weeks ago.And on this evidence they will need the likes of Sergio Aguero, Kevin De Bruyne and David Silva to be well-rested and in-form if they are to deliver the dream of their Abu Dhabi owners by winning the European Cup for a first time as a number of youngsters and fringe players failed to impress.“I understand after we see the second half the people that say the team is not ready to fight for everything,” added Guardiola.However, the Catalan coach hopes a three-week break following Monday’s trip to Stoke will leave his side refreshed for the last eight.“We are in the quarter-finals, that is the good news, and after we will see how we will arrive in the quarter-finals.“We have one more game on Monday and then we have three weeks off. In 180 minutes it is 5-2, so we are so happy to be in the next stage.”Leroy Sane was one of few regular starters retained in Guardiola’s starting XI and continued his supreme form by creating the opener.Jesus hadn’t started since suffering knee ligament damage on New Year’s Eve, but had the simplest of tasks to get back among the goals when Bernardo Silva latched onto Sane’s pass to produce a inch-perfect low cross for the Brazilian.City should have gone even further in front as Silva’s shot from a dangerous Sane cut-back was blocked before Basel goalkeeper Tomas Vaclik made a fine block to deny Ilkay Gundogan his third goal of the tie.However, a minute later Basel were level as Blas Riveros burst down the left and his deflected cross was dispatched powerfully past Claudio Bravo by Elyounoussi.Guardiola grew visibly frustrated on the touchline as his side also started the second period slowly.And they were punished when Elyounoussi’s low cross was blasted past Bravo at his near post from a narrow angle by Lang.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Win some, lose some: Manchester City coach Pep Guardiola on Wednesday © AFP / Oli SCARFFMANCHESTER, United Kingdom, Mar 8 – Manchester City manager Pep Guardiola criticised his heavily rotated side for “forgetting to attack” despite reaching the Champions League quarter-finals 5-2 on aggregate over Basel on Wednesday.City suffered a first home defeat in 15 months as the Swiss champions came from behind to win 2-1 at the Etihad Stadium and salvage some pride from their last-16 tie after being thrashed 4-0 on home turf in the first leg three weeks ago.last_img read more

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Brazil experiment for friendlies without Neymar

first_imgThe talent-packed side’s preparations have been sidetracked by the foot injury Neymar suffered playing for Paris Saint-Germain in February. Tite delayed his squad announcement by 10 days so that he could assess the situation.Now with Neymar out, recovering from surgery for as long as three months, Tite has decided on a list of 25 rather than the usual 23 players.Willian Jose, a 26-year-old striker, was rewarded for his good season at Spanish side Real Sociedad with his first call up to the national side.Talisca, who is shining at Turkey’s Besiktas, is recalled, following two friendlies in 2014.The most notable absence on the team sheet is Juventus’ left back Alex Sandro, with Tite preferring Filipe Luis of Atletico Madrid.The Russia game will take place in Moscow before Brazil fly to Berlin to face Germany. The World Cup campaign will kick off on June 17 against Switzerland in Rostov.BrazilGoalkeepers: Alisson (Roma/ITA), Neto (Valencia/ESP), Ederson (Man City/ENG),Defenders: Daniel Alves (Paris Saint-Germain/FRA), Fagner (Corinthians) Filipe Luis (Atletico Madrid/ESP), Marcelo (Real Madrid/ESP), Miranda (Inter Milan/ITA), Marquinhos (PSG/FRA), Thiago Silva (PSG/FRA), Geromel (Gremio), Rodrigo Caio (Sao Paulo),Midfielders: Casemiro (Real Madrid/ESP) Fernandinho (Manchester City/ENG), Fred (Shakhtar Donestk/UKR), Paulinho (Barcelona/ESP), Renato Augusto (Beijing Guoan/CHN), Willian (Chelsea/ENG), Philippe Coutinho (Barcelona/ESP), Talisca (Besiktas/TUR),Forwards: Gabriel Jesus (Manchester City/ENG), Roberto Firmino (Liverpool/ENG), Douglas Costa (Juventus/ITA), Willian Jose (Real Sociedad/ESP), Taison (Shakhtar Donestk/UKR).0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Willian Jose’s good form for Real Sociedad has earned him a Brazil call up © AFP/File / Robert ATANASOVSKIRIO DE JANEIRO, Brazil, Mar 12 – Brazilian coach Tite on Monday made the best of injured star Neymar’s forced absence by bringing new names into the national squad for friendlies against Russia and Germany.Those games on March 23 and 27 will be Brazil’s last warm-ups before heading to their base in Sochi, southern Russia, for the World Cup starting June 14.last_img read more

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Music an Oasis for Manchester City’s Pep Guardiola

first_imgGuardiola said in a wide-ranging interview — topics included his thoughts on the refugee crisis — that he and his family sing it in unison when they go out together.“I like that, after what happened in Manchester at the arena, now it is a song for the people, you know? ” Guardiola told the BBC website.“Like in the video when everyone is in silence and one woman starts to sing the song and everybody sings, that is a moment, it was so touching for my family and for myself.”Guardiola admits the song “puts me in the best of myself when I listen — it’s a masterpiece”. On the night of the attack, Guardiola and his son did not attend the concert, but endured some nervous moments when they could not contact the rest of the family.“At the end we were lucky,” he said.“Many people suffered, and we were lucky. Life is like this. We were in a better position than many unfortunate ones.”– ‘It’s about humanity’ –Not looking back in anger: Manchester City’s Spanish manager Pep Guardiola. © AFP / GENYA SAVILOVGuardiola lists five other songs which resonate with him — two from his beloved Catalonia, including the 1970 song Fiesta by Joan Manuel Serrat.“I was not a guy who went to a lot of parties. At 13 years old I was going to Barcelona’s academy,” he said.“In the summer, when school was finished, everyone would go to the Sant Joan party and it’s a song that reminds me a lot of my little town of Santpedor when I was young.”Guardiola also named Elton John’s ‘Your Song’ and ‘Ole Blue Eyes’, as well as Frank Sinatra’s ‘New York New York’, where the Spaniard spent time during the sabbatical that followed his hugely successful spell in charge of Barcelona.“Sinatra was a fighter; he had work ethic, not just the talent,” he said.Guardiola reveals he, too, had to fight when he was in New York, to learn German ahead of taking up the head coaching role at Bayern Munich.“It is so complicated to learn,” said Guardiola.“Three or four hours a day in the morning with the grammar, after two months I thought: I’m going to call and break the contract.“It is so complicated even for German kids to learn. Can you imagine for a 41-year-old man?“But I am stubborn.”Guardiola’s colleagues — save perhaps Liverpool’s Jurgen Klopp — are renowned for not being too aware of what is going on in the outside world, but it is not an accusation one can level at the Spaniard.Guardiola is horrified at the attitude of governments such as in Italy who are refusing to take in refugees contrasting it with the welcome those fleeing the Spanish Civil War received © AFP / LOUISA GOULIAMAKIHe has strong thoughts on the refugee crisis, drawing a parallel with the Spanish Civil War and how doors abroad that were opened to those who fled it are now closed.“All around the Mediterranean people are dying and the governments in Italy, Spain, it is not allowed for the people to rescue the people who are dying.,” he said.“I don’t know what kind of society we are going to do because it’s not about the law, it’s about humanity.“If there are people dying and heroes going in with open arms to rescue them, and the governments don’t let them do that, it’s because we are going really, really bad.”0Shares0000(Visited 2 times, 1 visits today) 0Shares0000Don’t Look Back In Anger the song adopted by Manchester in the wake of the 2017 terror attack which left 22 dead resonates with Pep Guardiola whose wife and daughters were at the Ariana Grande concert © AFP / Ben STANSALLLONDON, United Kingdom, Oct 25 – ‘Don’t Look Back In Anger’ by Manchester band Oasis has become the city’s anthem since last year’s terror attack, and is one that has had a powerful impact on Manchester City manager Pep Guardiola.The 47-year-old Spaniard’s wife and daughters escaped unharmed from the bombing at the Ariana Grande concert at the Manchester Arena in May last year which left 22 dead.last_img read more

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