NGC Pays $334Mil Government Dividend, But Tobago’s Steel Xplosion And Bocas Lit Fest Left Without Funding

September 22, 2025- A major financial transaction by the state-owned National Gas Company (NGC) is drawing attention after it paid $334 million in dividends to the government. Opposition parties have criticised the move, suggesting it diverts focus from other pressing concerns.

Meanwhile, members of Tobago’s arts and culture community are questioning recent funding cuts, noting that events like Steel Xplosion and the Bocas Lit Fest have been left without support. Many are calling for a more balanced approach to funding that recognises the importance of cultural and creative initiatives on the island.