More Loans for Roads?

9
2016
The Official Seat of the House of Representatives and the Senate

– House mandates President Weah take an extra US$1 billion

In spite of the furore surrounding the ratification of the two controversial loans/financing agreements to construct 759.7 kilometers roads in southeastern and northern Liberia, the House of Representatives yesterday mandated President George Weah through a proposed Joint Resolution, bearing the signatures of at least 48 Representatives, to secure and or negotiate more loan finance agreements for “road construction of the country’s critical corridors.”

The Joint Resolution was forwarded to the Senate for concurrence.

The House of Representatives and the Senate recently approved the US$536.4 million Loan/Financing Agreement between Eton Finance PTE LTD and the Government of Liberia as well as the US$420.8 million Loan/Financing Agreement between EBOMAF SA and the government.

In the lawmakers’ authorization yesterday, they asked President Weah to employ all legal and legitimate means in securing Loan Financing Agreements for the construction of paved roads leading to the 15 counties, prioritizing, “Sawmill (Gbarpolu County) – Gbarma-Kongba-Vahu-Menekroma-Voinjama-Kolahun-Foya (Lofa); Bopolu-Belle; Zwedru-Fish town; Montserrado County Soul Clinic-Johnsonville-Mount Barclay-Tyler Island 72nd connection; Todee – Bomi Corridor; Neckley’s town-Rehab.-Pipeline-White plain corridor; Bong – Gbarpolu corridor – Bong – Bassa corridor and Formutolee Route; and Margibi – Bassa Corridor (Gibi – Bassa); Virginia-Arthington-Mount Coffee Corridor; Morlton Corner-Suehn Mecca corridor; Saclepea – Butuo and Palala – Saclepia.”

The Resolution further read, “Sustainable Development Goals (SDGs) were agreed to by Head of States and Governments in September 2015, to set the world on a path towards sustainable development through the adoption of the 2030 Agenda; the 2030 Agenda for sustainable development consist of 17 SDGs oof which poverty eradication is the overarching objective, alongside the promotion of economic, social and environmental development and Article 8 of the 1986 Constitution provides for policy towards ensuring opportunities for improvising the livelihood of our citizens, to include health and welfare facilities.”

It further read, “The attainment of SDGs requires domestics resource mobilization, and it is established that economic growth pivots on frequent movement of people, which suggests that roads connectivity is a causality to economic growth and that recent borrowing to connect our cities is in the overwhelming interest of the Liberian people; Article 34d (iii) of the 1986 Constitution states, “no loans shall be raised by the government on behalf of the Republic or guarantees given for any public institution or authority otherwise, then by, or under the authority of Legislative enactments.”

According to the attached communication to House Speaker Bhofal Chambers, the Resolution is predicated upon the unanimous resolution of the people to petition the Government of Liberia through their direct Representatives.

Four members of the House of Representatives, including Jospeh M. Matthews, Jr. (Gbarpolu County District #3), Thomas P. Fallah (Montserrado County District #5), Francis S. Dopoh (River Gee County District #3) and Beyan Howard (Lofa County District #5) are the sponsors.

Though the Resolution did not state the amount of the Loan/Financing Agreement, reports say it targets additional US$1 billion to cover the construction of road corridors of about 1,000 kilometers.

It may be recalled that Public Works Minister Mobutu Nyenpan, said Liberia has a total road networks of about 12,000 kilometers, and under 1,000 kilometers of roads are paved, which means 94 percent of the roads are unpaved.

He said the roads are accident-prone, especially during the raining season.

Authors

9 COMMENTS

  1. “More Loans for Roads”
    An intriguing headline. Our government is signing a document for almost a billion dollars loan to built and connect roads around the country. I m wondering how much of this money will be used to build any science institution. I m not against building roads, but a little percent of the huge amount can be used to establish a modern science institution to lay the foundation for unborn generations. The development of science in modern society is not only gear towards improving health, medicine and food, it’s also highly political. It has been used by powers to BULLY others who do not have.

    Recent development on the world stage speaks volume. The DPRK( North Korea), is a little peninsula nation . This nation, even tough is a HEMIT Kingdom, as other can call it, but it is surviving with the help of development it made through science through out the past decades. I m quite sure had not it being because of that, its fate would be otherwise. What are we doing as Liberians , or developing nations to ever be welcome as an EQUAL on the world stage. Will our leaders always be given the observers positions when it comes to GEOPOLOTICAL GATHERINGS?

    We should not be preparing for the world we live in, if we do, we will always be at the receiving ends of decisions that are not in our interest; but rather preparing for the world that we find ourselves in. We should be laying the foundations that will help to elevate our unborn generations to meet up with the life the world will dictate, during their time. My comment may not make sense, in the ears of others; however, this is the proper road map for nation building.

    • Nation building starts with connecting its people. Roads building will be the foundation. Let’s support. Our mean concerns must be the contracts should be given to Liberians in order for the money to circulate.

      • Diggs,

        How many Liberians Road Construction companies are there in Liberia, and is there any example of how many roads that has been build by Liberians? Another thing is that we need to build toll roads to matins any road that is build, or else it will not last because of the kind of rains that pull down in Liberia. The government should also build sub public Work Ministry all over the country, so people from Nimba or Cape Mount don’t have to come to the Ministry of Public Works to get materials to matins roads.

  2. Hello to the Liberian community in Sidney, Australia, and specifically to those Liberians whose field of specialization is in the area of science. We can use other areas of specialization because Liberia is an underdeveloped country. I would like to say that Liberia is a developing country, but that would constitute a poppycock talk. We are not developing! We would like to develop.

    Bah of Australia has made a point that is incontrovertible. Bah suggests that although the construction of good roads in an underdeveloped country like ours is a very good idea, it would be brilliant to consider scientific pursuits as well. In light of this, Bah has made a touchdown.

    There’s no Liberian who’s against road construction in Liberia. None! It’s a known fact that when good roads are constructed, the economy of Liberia will boom. However, in a booming economy, doctors, biologists, physicists, chemists, economists and others are needed. Also as an underdeveloped country, Liberia needs good, good schools, a good tax-collecting system, a teachers’ college, a degree-awarding nursing school (not TNIMA) manufacturing plants, and lots more.

    Now there is talk about borrowing more money. Wow! Can some of the borrowed money be used for other projects?

  3. Requesting additional loan? Hold your horses senators…we’ve got to be methodical. I do agree Liberia will need additional funding if we really want to tackle the road network in the country to a quality standard. But, you senators just approved almost a billion dollars roads and infrastructure development loans and we have not seen progress in that direction yet and now you want additional loans? I think we ought to wait and see how well the first batch is spent and if it is well spent than we can think about additional funding. Just my thoughts…

  4. Absolutely, Liberia and the people of Liberia, are l70 years old. That means that Liberians, need to develop Liberia. The borrowing of money to build roads in Liberia and every part of Liberia, is obviously a good thing and a great step in the right direction. Howbeit, Liberia and the leadership, have time-and-time again been known and styled as highly inept and corrupt governments and leaders. From top to bottom, Liberia has been and remains a highly corrupt and disappointing nation. Liberian leaders, have generated no good name for Liberia, except that they have generated for names of been good thieves. About 1 year to 2 years, the PRESS of Liberia is quick to designate and called these criminal former leaders of Liberia, business people. The borrowing of billion of United States Dollars to build Roads in Liberia, must build Roads in Liberia to connect Liberia. Liberians are keenly are watching the Pro Poor Government of President. Liberians, want Roads and Promises and endless excuses.

    Money Laundering and Capital Flight, are national and international Crimes. President Weah and his Government

  5. As it is always my position to speak on the feature of Liberia, I m concern of the path the nation will go. Mistakes are EXPENSIVE. Some mistakes people made serve as a lifelong deficit, they are not pay for during their entire lifetime; it is pass on to unborn generations. It becomes a burden for unborn generations.

    A fast thinking Liberian living in the Chicago area of the United States, called, F. Hney, is on board with me. Case in point: the Marshall Plan given to Germany after WWII was invested in building man power development. Industries were built to train German. Out of those industries the German had Volkswagen, Volvo, BMW etc. The same with Japan. They invested in electronics and machinery: Toshiba, JVC Cannon, Toyota, Datsun etc..

    If President Tubman, who over saw one of the best economic period in Liberian history, had invested greatly in the manpower development of Liberians, tell me, where would the country be today.

    I m in no way against road building, however; like Mr. F. Hney and I, maybe 25% of this one billion loan ( 250 million), can go into developing our human resources. It will go a long way. It will boost our economy.

    I m in class with Asians ( Chinese, Koreans, Indians Japanese) etc. I have to study twice as hard as they do in the sciences , to keep up my pace, even though a lot of them do not speak English. The only reason, they are from better institutions from their home countries.

    Investing in manpower development, is the key to solid nation building.
    From: Sydney.
    Just my thought

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