President in the Bahamas creating things to go on about (5)
I believe the answer is:
bikes
'things to go on about' is the definition.
I can't tell whether this definition defines the answer.
'president in the bahamas' is the wordplay.
'president' becomes 'ike' (nickname of Dwight Eisenhower).
'in the' means one lot of letters goes inside another.
'bahamas' becomes 'bs' (I can't justify this - if you can you should give a lot more credence to this answer).
'ike' inserted into 'bs' is 'BIKES'.
'creating' acts as a link.
Can you help me to learn more?
(Another definition for bikes that I've seen is " Cycles".)