Trending/politics· Updated Nov 8, 2026

Sharma Solomon Challenges Government Over Guyana’s Oil Wealth and Cost of Living

Opposition MP Sharma Solomon is pressing for fuller disclosure of Guyana’s oil finances and arguing that public spending has not lowered household living costs. He most recently raised concerns about exploration costs and parliamentary access to oil information.

Photo via Kaieteur News · from Record oil budgets not addressing soaring grocery bills, transportation and electricity costs

4 reports from 2 outlets · First reported Fri, Nov 6

Summary

Updated Nov 10, 2026

Solomon says the government should publicly disclose verified information on oil discoveries, reserves, costs and revenues.
Kaieteur News +1
He argues that grants, larger budgets and agricultural spending have not lowered food or other household costs.
Kaieteur News +1
Solomon wants long-term economic planning to raise production, reduce import dependence and improve purchasing power.
Kaieteur News
He says Parliament lacks ExxonMobil’s work programmes, budgets and well results for Stabroek Block exploration.
Kaieteur News

Automatically summarised from the coverage below.

Coverage

Nov 8, 2026

‘Exxon’s exploration costs could eat into Guyana’s oil profits’

Opposition MP Sharma Solomon said ExxonMobil’s expanding exploration work in Guyana’s Stabroek Block could add costs the country may have to repay through cost recovery, but Parliament still lacks access to the company’s work programmes, budgets and well results. He called for a public evidence bank to track permits, spending, discoveries and petroleum revenues so Guyanese can better scrutinize how oil wealth is managed.

Nov 7, 2026

Solomon: Ali’s Billions in Spending Failed to Put Food on Guyanese Tables

APNU MP K. Sharma Solomon says the Irfaan Ali Government has spent billions on grants and agriculture support, but food prices remain high and key crop output has fallen, according to the 2026 Mid-Year Report. He argues Guyana’s oil revenues and rapid growth have not translated into lower living costs, and wants clearer proof that spending is easing household pressure.

Nov 7, 2026

Record oil budgets not addressing soaring grocery bills, transportation and electricity costs

Opposition MP Sharma Solomon says Guyana’s oil wealth and larger budgets have not eased the high cost of living, arguing that cash grants and other short-term relief have not lowered food prices. Citing the 2026 mid-year report, he noted rising food inflation and declining crop output despite $40.8 billion spent on agriculture. Solomon wants a long-term, better-coordinated plan to boost production, cut import dependence and improve household purchasing power.

Nov 6, 2026

Govt. must stop treating Guyanese as spectators of their wealth - Shadow Oil Minister

APNU MP Sharma Solomon accused the Guyana government of keeping citizens in the dark about oil discoveries, costs and reserves, saying Guyanese keep learning key news from ExxonMobil before officials explain it. He urged a verified public database on oil revenues and reserves, arguing timely disclosure is needed for national planning and public accountability.

Sharma Solomon Challenges Government Over Guyana’s Oil Wealth and Cost of Living

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