Warning: A non-numeric value encountered in /homepages/14/d571965057/htdocs/Panpodium2017/wp-content/themes/gonzo/single.php on line 52

Warning: A non-numeric value encountered in /homepages/14/d571965057/htdocs/Panpodium2017/wp-content/themes/gonzo/single.php on line 53

Warning: A non-numeric value encountered in /homepages/14/d571965057/htdocs/Panpodium2017/wp-content/themes/gonzo/single.php on line 54

Warning: A non-numeric value encountered in /homepages/14/d571965057/htdocs/Panpodium2017/wp-content/themes/gonzo/single.php on line 55

Warning: A non-numeric value encountered in /homepages/14/d571965057/htdocs/Panpodium2017/wp-content/themes/gonzo/single.php on line 56

Warning: A non-numeric value encountered in /homepages/14/d571965057/htdocs/Panpodium2017/wp-content/themes/gonzo/single.php on line 57

Warning: A non-numeric value encountered in /homepages/14/d571965057/htdocs/Panpodium2017/wp-content/themes/gonzo/single.php on line 58
Trinidad and Tobago

Published on December 21st, 2015 | by The Trinidad Guardian

0

State money for Carnival under pressure

State-owned National Gas Company, which ordered a freeze on wage hikes and bonuses last month, is remaining mum on whether cutbacks at the company will negatively affect contract employees. GML Enterprise Desk understands that contract employees whose contracts expire at the end of 2015 have been told that in some cases contracts will be renewed for one month and in other cases for three months. Questions emailed to NGC’s spokesperson, Christine Punnett, on whether cutbacks at the state company would affect contract employment remained unanswered up to press time.

But she was more forthcoming when asked about the company’s sponsorship of steelabnds. NGC currently sponsors the NGC Nightingales, NGC Couva Joylanders and NGC Street Explosion. The company also sponsors a fourth band Gonzales Sheikers, a single pan steel Orchestra from Belmont. Punnett said the terms of the agreement for sponsorship are governed by a three-year agreement dating from October 2013 to 2016. That agreement, announced by former NGC President Indar Maharaj, was valued at $4.5 million. Maharaj was dismissed from the company earlier this week.

Asked whether the budget for sponsorship would be cut, Punnett said: “NGC is very mindful of the economic situation and would make adjustments as required, taking into consideration its social commitments, discussions with stake holders and financial position.” Asked whether the company considers the pan sponsorships to be financially sound, in light of falling gas prices and the wage freeze at the company, Punnett described the sponsorships as a “corporate social investment and therefore a sound financial decision that impacts the company’s sustainability of operations and also the national community as a whole.” She refused to divulge details of the sponsorship agreements between NGC and the steel orchestras saying the details are confidential, “so to disclose this information would place undue price pressure upon the band’s management from suppliers, service providers and other stake holders. It could be a security risk to disclose such information.”

Read More


About the Author



Comments are closed.

Back to Top ↑