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BAHAMAS: Minister Thompson: ‘Grand Bahamians must be prepared to create own successes’

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#Bahamas, February 27, 2018 – Nassau – Minister of State for Grand Bahama, Senator the Hon. Kwasi Thompson says that a hopeful outlook for Grand Bahama is based not just on direct foreign investment, but on local investments by Grand Bahamians like Curtis and Glennett Fowler, owners and operators of FowlCo Marine and Logistics Management.

The new Logistics Company, which is 100 percent Bahamian-owned, held its official opening on Saturday, February 24, 2018 at the facility on Grand Bahamian Way. The investment totals some $1.6 million.  In his remarks, the Minister of State for Grand Bahama noted that FowlCo is a testament to self-sufficient Bahamians who put in the labor, skills, finances and innovation to create something substantial.

“We should commend and congratulate them for it,” said Minister Thompson. “I look forward to this company’s growth and the jobs it has and which it will create locally.

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“Grand Bahamians must be prepared to create our own success.  Innovative entrepreneurship is the solution to the downturn in our economy.  As such, the government has committed to creating an environment conducive to the creation and growth of Small Businesses, by way of provisions for funding, training programs and business mentorship.

“We want to make it increasingly easier for Bahamians to maximize their potential for business ownership and long-term careers in various industries.”

Minister Thompson noted that by virtue of Grand Bahama’s deep waters, climate, proximity to the United States and open geographical path to the rest of the world, the maritime industry has long proven to be a perfect fit.  He said that the government intends to capitalize on those benefits to ensure that Grand Bahama maintains its status as a major maritime and industrial hub in the region.

“FowlCo has already, notably, employed 16 Bahamians and will provide services to the Grand Bahama community including customs brokerage, port agency & husbandry, dry dock logistics and facilitation of special projects,” said Minister Thompson.  “Your expertise and experience is much appreciated.

Proud moment(1)“I wish to commend FowlCo, because in addition to these services, one of the company’s major goals is to develop and facilitate a training model and institute that will allow Bahamians an opportunity to engage in certified training and decrease the skills gap that currently exists in the industry.

“This is an issue that the government has prioritized as we seek to facilitate more technical training to ensure that Bahamians are skilled and are equipped to pursue long-term employment opportunities, especially considering several new businesses are slated to be birthed in Grand Bahama this year and in the coming few years.”

Also bringing remarks during the opening ceremony for the new marine and logistics management company was Deputy Prime Minister, the Hon. K. Peter Turnquest, who noted what the Fowlers have been able to accomplish, will bode well for the future of Grand Bahama and the entire Bahamas.

He noted that the establishment of the new company represents what the Government of The Bahamas is trying to create throughout the country – upwardly, mobile, intelligent Bahamians, who have a vision for the future of the country.

“We will do our part to help give our citizens the most advantageous position that we can in order for them to be successful,” said Minister Turnquest.   “All around us, we see success in this industry and people are doing well, and we celebrate that.  The economic impact on the country from this industry has been significant.  It is time now though, for us as Bahamians to take more of an active stake in this industry.

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“I am proud of those who have done so already and who have shown tremendous success in providing service to the industry.  But there is more room and so we welcome this addition today in the opening of this new company.”

The Deputy Prime Minister reminded Grand Bahamians to continue to focus on the good things that are taking place in the country.  He said that there is enough negative talk both locally and internationally, but he noted that as long as Grand Bahamians maintain a positive attitude and mindset and work together, great things can be accomplished.

 

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PHOTO CAPTIONS

 

BIS Photos/Andrew Miller

 

PROUD MOMENT – Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest (third from left) and Minister of State for Grand Bahama, Senator Kwasi Thompson (right) stand for a photo with principals of FowlCo Marine and Logistics Management, following opening ceremonies for the new company on Saturday, February 24, 2018. Bahamian owners of the company Curtis Fowler, Founder (second from right) and Glennett Fowler, Managing Director (third from right) have joined forces with Juan Sancho Ovejero, Managing Director of Blue Parrot Offshore (second from left).

 

LOOKS AT OPERATION – Mr. Juan Sancho Ovejero, Managing Director of Blue Parrot Offshore (right) explains to Deputy Prime Minister, the Hon. K. Peter Turnquest and Minister of State for Grand Bahama, Senator Kwasi Thompson his company’s role in the operation of the newly established FowlCo Marine and Logistics Management, during a tour of the facility located on Grand Bahamian Way, following opening ceremonies on Saturday, February 24, 2018.

 

 

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Fuel Pain at The Pump: Global Tensions Drive Prices Up as Bahamians Feel the Squeeze

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NASSAU, Bahamas — What should be a simple five-minute drive is fast becoming an expensive, hour-long ordeal, as rising fuel prices collide with worsening traffic congestion across New Providence.

As of early April 2026, gasoline prices across The Bahamas have climbed sharply, with motorists now paying an estimated $5.50 to over $6.50 per gallon, depending on the station and grade. The increases, seen at major retailers including Esso, Rubis and Shell, reflect a volatile global oil market driven by escalating geopolitical tensions.

The latest spike — in some cases jumping more than 50 cents per gallon within days — is being driven by uncertainty surrounding escalating tensions involving Iran. U.S. President Donald Trump has issued a direct ultimatum, warning that the United States could launch aggressive strikes on Iranian infrastructure, including power plants and key facilities, if demands are not met. While he has also expressed hope for a swift resolution, the threat of rapid escalation is already rattling global oil markets — and The Bahamas, heavily dependent on imported fuel, is feeling the impact almost immediately.

At the pumps, the frustration is real.

Drivers are now paying significantly more just to sit in traffic. Commutes that once took minutes are stretching into hour-long crawls, burning fuel with little movement and compounding the financial strain. For many residents, the issue isn’t just the price per gallon — it’s how quickly that gallon disappears.

Industry players are also bracing for impact. Higher diesel prices are expected to ripple across key sectors, including trucking, construction, and shipping — all of which ultimately feed into the cost of goods and services. In short, this is not just a fuel story; it’s an inflation story in the making.

Despite the surge, the Bahamas Petroleum Retailers Association has moved to calm fears, confirming that there is no fuel shortage. Supply remains stable, but consumers are being urged to adjust behavior — from maintaining proper tyre pressure to considering carpooling — small measures that could stretch every dollar a bit further.

Retailers, however, are not offering much comfort on price relief. While fluctuations are expected, insiders say the days of sudden price drops are unlikely in the immediate term. The “shock” increases may level off, but a meaningful decline hinges on global stability — something that currently feels out of reach.

For Bahamians, the reality is tightening: higher fuel costs, longer commutes, and a growing sense that relief isn’t coming anytime soon.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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FNM’S $200 CHILD SUPPORT PLAN SPARKS DEBATE AS PLP QUESTIONS FUNDING AND SCOPE

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NASSAU, Bahamas — The Free National Movement has rolled out details of its proposed $200 monthly Working Parent Child Support Initiative, but the announcement has already ignited political debate and prompted clarification from the party.

Leader Michael Pintard said the initiative would provide $200 per month to qualifying caregivers during the first two years of a child’s life, as part of a broader push to ease the cost of living for Bahamian families.

The party estimates the programme would cost between $12 million and $14 million annually, with funding to come from reducing what it describes as excessive government spending — particularly consultancy contracts.

However, the proposal quickly drew scrutiny.

The governing Progressive Liberal Party has challenged the feasibility of the plan, questioning how the payments would be sustained without increasing the deficit or introducing new taxes. The response forced the FNM to further outline its funding strategy, emphasizing that a 21 percent reduction in consultancy spending could fully finance the initiative.

The exchange has highlighted a familiar election-season tension — bold proposals versus practical execution.

Beyond the child support plan, Pintard outlined a wide-ranging policy agenda, including:

  • Removing VAT on select essential goods
  • Constructing 5,000 affordable homes within five years
  • Cutting the country’s food import bill by half
  • Strengthening enforcement against illegal immigration
  • Reforming the nation’s healthcare system

Pintard also took aim at the current administration, accusing it of mismanaging public funds and awarding more than $400 million in contracts without competitive bidding — claims which have further fueled political back-and-forth.

“The best way to pay for high-quality public services in the long run is to have a strong, efficient economy,” Pintard said, arguing that government spending must be redirected toward ordinary Bahamians.

While supporters have welcomed the proposals as timely relief for struggling families, critics remain cautious, pointing to unanswered questions around implementation, eligibility, and long-term sustainability.

With election momentum building, the debate surrounding the FNM’s plan underscores a broader reality — Bahamians are being presented with big promises, but increasingly demanding clear answers on how those promises will be delivered.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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COI UNVEILS FIRST 100 DAYS PLAN, PROMISING SWEEPING CHANGE AND BREAK FROM MAINSTREAM POLITICS

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NASSAU, Bahamas — The Coalition of Independents has rolled out its First 100 Days Plan, positioning it as a roadmap for rapid national transformation and a clear break from what it describes as the failures of the country’s two dominant political parties.

Leader Lincoln Bain introduced the plan during a recent public presentation, outlining a series of early actions his party says would be implemented immediately upon taking office.

At the heart of the proposal is a push to redistribute access to Crown land, a signature policy of the Coalition, which argues that Bahamians should have greater direct benefit from national resources. The plan also prioritizes the full implementation of Freedom of Information legislation, with Bain framing transparency as a cornerstone of restoring trust in government.

Additional focus areas include proposed reforms to the healthcare system, including improved compensation for nurses and medical professionals, and broader governance changes aimed at increasing accountability and reducing political control over national decision-making.

The Coalition has branded the plan as a historic first, describing itself as the only political group to present a structured 100-day agenda ahead of a general election.

But beyond the policy points, the messaging was unmistakable.

Bain and his team continue to urge Bahamians to move away from the traditional two-party system, arguing that both the Progressive Liberal Party and the Free National Movement have failed to deliver meaningful change despite decades of governance.

“The system is not working for the people,” has been a consistent refrain from the Coalition, which is campaigning on the idea of resetting how the country is governed.

While supporters view the 100-day plan as a bold and necessary shift, questions remain about the level of detail provided, particularly around costing, timelines, and how proposed changes would be executed within the existing structure of government.

Still, the rollout signals that the Coalition of Independents is seeking to position itself not just as an alternative voice, but as a ready governing option — one promising immediate action and systemic reform.

With election momentum building, the emergence of a defined 100-day agenda adds a new dimension to the political landscape, as Bahamians weigh competing visions for the country’s future.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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