Thousands of drivers were affected yesterday as Unipet’s 21 service stations across the country remained closed when dealers sought to send a message to the Government that the profits they were making were way too low for them to consider staying in business.
The closure of the stations led to pressure on the 100-plus NP service stations that remained open as workers at those stations found themselves flooded with more vehicles than they usually catered for daily.
Chief Executive Officer of UNIPET, Dexter Riley, says their fuel supply network may be affected today, to some extent.
Mr Riley told us UNIPET is having a challenge with their supplies for today and for much of this week, and that consumers can expect one or two hiccups purchasing gas.
The UNIPET CEO did not confirm whether petroleum dealers will meet today with industry regulators. However, sources indicate such a meeting is scheduled to take place at some point, today.
The TTMA's Ryan Lewis says it's becoming more difficult to do and get business done in Trinidad and Tobago, and government needs to work towards creating a more enabling environment.
According to Ryan Lewis, increased taxes are hurting businesses, and this is combined with the reality that government's business-related processes and procedures are not as efficient as they should be.
The TTMA head is urging government to start doing what is required to create the enabling environment business needs to reignite the T&T economy.
The National Lotteries Control Board is still calculating exactly how much money it will have to pay back to gamblers but says the amount does not exceed half a million dollars. This as the NLCB issued a statement on Friday that it will have to refund all the 10% deducted for the period July 30th to August 4th.
However, NLCB Chairman Eustace Nancis says he doesn't estimate the figure to be more than 300 to 400 thousand dollars.
Initially, the NLCB announced that winnings crossing $1,000 would be taxed at 10%.