National
State Minister: Some Gov’t Agencies Haven’t Made NIB Payment in Years
NASSAU, BAHAMAS – Some government agencies and departments have not made National Insurance Board (NIB) contributions in months and in some instances years according to State Minister responsible Myles Laroda.
NASSAU, BAHAMAS – Some government agencies and departments have not made National Insurance Board (NIB) contributions in months and in some instances years according to State Minister responsible Myles Laroda.
Laroda telling reporters ahead of the weekly Cabinet meeting that talks of large businesses being the biggest offenders are not true.
The Pinewood MP says government is looking to enhance compliance, in particular with government agencies.
In May 2022, Laroda told a local daily, that tens of millions were owed to NIB from delinquent employers and self-employed individuals.
This latest revelation comes as residents and business brace for an NIB rate increase in July 2024.
While he didn’t reveal by how much that increase will look like, Laroda foreshadows NIB will not make a profit for a while.
Given the financial hardship of the company, Laroda was asked if NIB intends to rightsize the agency.
UFM Church Anniversary: “Celebrating God’s Goodness For The Past 25 Years”
Bishop Simeon Hall: “Time For The Church To Do More”
“Talk To Someone”, Central And South Abaco MP Says
PM: Abaco Hurricane Shelter Ready By May After Cost Overruns
Blaze Threatens Community As Residents Rush To Contain It
26 Defence Force Firefighters Deployed To Assist Local Effort
-
Court2 days agoDecision Upheld To Strip Pharmacist With Degree From McHari Institute
-
Court1 day agoTeen Charged With Killing Man On Bail Outside Australia Ave. Home
-
Court1 day agoTrial Date Set For Former Top Cop, Lawyer And Officer
-
Court1 day agoInmate Facing Murder Charge Over February Stabbing At BDOCS
-
National3 days agoLPIA Completes Major Upgrades to Runway 14/32 Ahead of Schedule
-
International1 day agoPope Francis’ Doctors Admit They Considered Ending His Treatment
-
International2 days agoSix Killed Off Egypt After Tourist Submarine Sinks
-
International1 day agoTurkey Detains More Than 1k Protesters After Jailing Of Istanbul Mayor