National
Min.: BPL Receives Only $50M of $100M Loan
NASSAU, BAHAMAS – Works and Utilities Minister Alfred Sears says around $50 million dollars has been advanced to Bahamas Power and Light by way of a loan.
NASSAU, BAHAMAS – Works and Utilities Minister Alfred Sears says around $50 million dollars has been advanced to Bahamas Power and Light by way of a loan.
Responding to questions from the official opposition Monday, Sears said government topped up an existing loan facility entered into in 2019 and 2021 at $100,000,000 million dollars.
Sears making it clear, the money was not a subsidy.
The official opposition also asking if delaying the increased caused Bahamians to pay more.
Bahamas Waste Appoints New Managing Director, Ms. Disa Campbell
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Sands Beer Crowns Drink & Win Champions With Massive Smuggler’s Square Celebration
Boxing Day Junkanoo Tickets Nearly Sold Out
Governor General Visits Rand Memorial Hospital
Grand Bahama Gears Up For An Extended Junkanoo Festival In January
Judge Says Complacency Caused Collapse of Double Murder Trial
Teen Charged With Murder of 15-Year-Old Found Dead Near Gladstone Rd.
Trial of a Man Accused of Killing His Cellmate Ended Without a Verdict
Luxury Yacht Engineer Pleads Not Guilty to Killing Crew Mate
All-Woman Jury Unanimously Acquits Man of Burglary and Rape Charges
2026 Arraignment for Men Charged in Connection With Their Father’s Death
Boxing Day Junkanoo Tickets Nearly Sold Out
Governor General Visits Rand Memorial Hospital
Grand Bahama Gears Up For An Extended Junkanoo Festival In January
“At This Point We Need A Hail Mary To Help The Marina Industry”
Champions Crowned at Fr. Marcian Peters Classic
Grand Lucayan Water Disconnected For Nearly A Million In Unpaid Bills
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Court3 days agoJudge Says Complacency Caused Collapse of Double Murder Trial
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Court2 days agoTeen Charged With Murder of 15-Year-Old Found Dead Near Gladstone Rd.
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Court3 days agoTrial of a Man Accused of Killing His Cellmate Ended Without a Verdict
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Court3 days agoLuxury Yacht Engineer Pleads Not Guilty to Killing Crew Mate
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Court2 days agoAll-Woman Jury Unanimously Acquits Man of Burglary and Rape Charges
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Court23 hours ago2026 Arraignment for Men Charged in Connection With Their Father’s Death
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Court23 hours agoJudge’s End of Year Deadline Overturned in $2 Million BPL Fraud Case
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Court2 days agoHearing to Challenge Acquittal of Two Men Set for 2026