NASSAU, BAHAMAS – A well-known Abaco-based poultry producer yesterday praised the government for its decision to help local poultry producers by reducing their electricity costs and warning them of plans to lower poultry duties imported.
Lance Pinder, Managing Director of Abaco Big Bird, said Eyewitness News that he met with the government to discuss the impact that lower duty rates would have on his business.
“They were worried about harming my business and trying to compensate for any harm that might happen to me,” he said.
“It’s commendable that they told me about it beforehand.”
Prime Minister Philip Davis said in his budget statement on Wednesday that the government wishes to develop the local production of agricultural products. He noted that local chicken production accounts for less than five percent of total consumption.
Davis said the government will provide support to local poultry producers by helping reduce the cost of electricity, a primary input cost in organized poultry production.
“They’re going to do stuff with my electricity to make up for any damage,” Pinder said.
“We are still rebuilding. I don’t have a lot of production going right now and they don’t want to hurt me. It’s a big step in a different direction. I never thought the government would do something like this.
“I don’t think the reduction in the duty rate will hurt me much,” Pinder added.