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Sunday, May 11, 2025

Duke vows to create billionaires in Tobago

by

18 days ago
20250423
File: Progressive Democratic Patriots leader Watson Duke

File: Progressive Democratic Patriots leader Watson Duke

To­ba­go Cor­re­spon­dent

Pro­gres­sive De­mo­c­ra­t­ic Pa­tri­ots leader Wat­son Duke says To­ba­go could gen­er­ate over $3 tril­lion from its un­tapped nat­ur­al re­sources—if on­ly it con­trolled them—and cre­ate bil­lion­aires on the is­land.

Speak­ing at a po­lit­i­cal meet­ing in Ma­son Hall Mon­day night, Duke said, “To­ba­go may be more rich than Dubai, more rich than Sau­di Ara­bia.” He said To­ba­go holds eight gas fields—in­clud­ing the Ca­lyp­so gas field off Spey­side, which he claimed is the largest in the Caribbean—and de­posits of rare earth ma­te­ri­als in Stud­ley Park that could bring in $10 bil­lion a year.

“If that ma­te­r­i­al is prop­er­ly ex­tract­ed, processed, and mon­e­tised, To­ba­go could be mak­ing ten bil­lion per year,” Duke said.

He ac­cused the cen­tral gov­ern­ment of deny­ing To­ba­go ex­port li­cens­es while al­low­ing Trinidad to prof­it. “In Trinidad, there are sev­er­al quar­ries that have ex­port li­cens­es, but in To­ba­go the gov­ern­ment has none,” he said. “Don’t come and tell me you love To­ba­go.”

Duke claimed Trinidad had been se­cret­ly ship­ping To­ba­go’s quar­ry ag­gre­gate to be ex­port­ed abroad. He al­so al­leged that gas from To­ba­go’s seabed was be­ing piped to Trinidad while To­bag­o­ni­ans re­mained un­aware.

“Right now, as we speak, gas is be­ing sent to Trinidad via our 40-inch pipeline. But lit­tle boy blue in the THA who loves to blow his horn wouldn’t tell you that,” he said, tak­ing a swipe at Chief Sec­re­tary and po­lit­i­cal leader of the To­ba­go Peo­ple’s Par­ty Far­ley Au­gus­tine with­out call­ing his name.

Duke claimed that con­trol­ling To­ba­go’s two par­lia­men­tary seats was the on­ly key to un­lock­ing that wealth.

“The on­ly way to ac­cess that wealth is if you have the key… and the on­ly key to the Trea­sury are these two seats that go to Par­lia­ment,” he said.

He promised that un­der his lead­er­ship, To­ba­go would cre­ate its first bil­lion­aires.

“There is not one black bil­lion­aire in Trinidad, To­ba­go or the Caribbean... un­der my watch, we go­ing to Trinidad to cre­ate some of the first bil­lion­aires in To­ba­go,” Duke said.


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