The electricity supply of several vendors at Stabroek Market was disrupted since Wednesday and despite several calls to the Guyana Power and Light (GPL), the situation remains the same.Further, on Thursday, confusion broke out after a small transformer in the Market caught fire thus injuring a few persons who were present in the area.Guyana Times understands that the merchants turned up to work on Wednesday and later recognised that over 15 stalls were not receiving electricity. As such, the power company was contacted and the officials promised to look into the matter.However, it was only on Thursday, a small crew of technicians arrived at the location, but they could not make a pronouncement on the power outage situation beyond stating that there was a ‘fault’ in the transformer.The stallholders were later informed that they should hire a private technician to address the issue.Speaking with this publication, one of the concerned stall owners, Travez Piaralall explained: “Yesterday when we came to work, some of the shops inside the Stabroek Market don’t have power. We usually get power supply from GPL. We have made multiple reports during the course of yesterday about the situation and that some of the shops are not having power.”He added, “This morning (Thursday), they send some technicians over and found a fault and the box started to spark. They’re not taking any blame for it. The office called us back at the Market and said that we need to find an electrician to fix the problem. They said they can’t do anything about the issue and behaved very rude.”He explained that many stalls were without power and complete negligence was shown on the part of GPL for not addressing the issue.“We cannot do that because we don’t have power in the first place. Secondly, GPL has to give permission before someone can interfere with the set-up. There are many shops that are not getting electricity in the market. We don’t have power to do anything, so how can we fix our problem?”It was indicated that vendors and shop owners are paying a monthly fee for power and should be able to receive quality service.“Every month we’re paying a bill and as soon as you miss a deadline, they come into the Market and cut off the power. This has nothing to do with anybody cutting the power. We simply haven’t been receiving electricity from GPL.”This publication visited the Market and was informed that some persons were injured when the transformer box “sparked”. Additionally, it created a small fire, which caused persons to run for their lives.The flames were later doused and no major damage was recorded.A vegetable vendor, Sahadeo Ramgopaul, whose stall is mere inches from the transformer, related that he received injuries to his back when the incident occurred.Nevertheless, the situation remains dangerous, since the transformer can cause an uncontrollable fire when persons are not monitoring the area. Moreover, many fear that their customers can be injured.
A recently published report has found that Letterkenny Institute of Technology (LYIT) has the highest economic impact of all third level colleges in Ireland.The LYIT campusEssentially, every euro invested in LYIT creates an economic boost worth more than four euro. This means investment in LYIT has a greater economic impact nationally than a similar investment at any of the country’s Universities or at any of the other Institutes of Technology.The TIONCHAR PROJECT examines the gross economic output of each euro spent on higher education. LYIT has the highest of all the multipliers (4.25) calculated for the country’s seven Universities and fourteen Institutes of Technology. LYIT President Paul Hannigan said the Institute is a significant contributor to economic development in the region.“We have seen significant cuts in third-level education funding in recent years. Despite this, we have increased student numbers and delivered new courses to meet changing needs of the marketplace. This has been accomplished with the commitment of staff to provide quality education, however, it is not sustainable long term. With new international links established in the US and China, we want to further develop student mobility both outward and inward.”“The report shows that investment at LYIT has the greatest knock-on effect, which has repercussions for future budgets since the reverse is also true, a reduction in state funding for LYIT will have a much higher negative economic impact on the region and nationally. I hope these findings will be taken into account in the allocation of future budgets for third-level education.”One of the authors of the report, Brian Lucey, Professor of Finance at Trinity College Dublin, said, “Irish Higher Education delivers a significant ‘bang for the buck’. Letterkenny shows that this is delivered by all sorts of institutions – IoTs and universities, urban and regional, all play a part in this. Letterkenny IT is delivering quality education and a high economic impact and should be recognised and rewarded for doing so.” LYIT GETS TOP MARKS IN NATIONAL ECONOMIC IMPACT STUDY was last modified: October 25th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)