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Wednesday, July 23, 2014
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Pres. Sirleaf Drops Mary Broh - Wants Senate Vet Others
On Thursday August 8th, members of the Liberian Senate were in full gear going through tense legislative debates in the plenary when a shocking communication from President Ellen Johnson, pulled out of the docket of the Senate Secretary, revealed that Madam Mary Broh’s name had been withdrawn from among the nominated names up for confirmation before that august body.
Begging for Pardon Darius Dillon: “I Ask and Seek Forgiveness” of Liberty Party The clock is tilting. The bandwagon of Unity Party’s 12-year voyage as the ruling Party is nearing an anchoring point. And as Liberia’s political culture is, all the squirrels that had jumped on board for red palm nuts abandoning their nests will be seen returning home.
Celebrating the CPA Despite the difficulties of the day, or at least as critics of the current political regime may call it, both supporters and opponents of Government are unanimous in one particular observation: that peace, since 2003, has created the space for personal and collective growth amongst the population and permitted a national discourse for democratic revival and progress.
CDC Plans Major Protest against President, If…   Opposition Congress for Democratic Change (CDC ) headed by its political leader, Liberia’s Peace Ambassador, George Weah, has declared the month of January, 2014 as the beginning of major protests to demand the resignation of President Ellen Johnson-Sirleaf as president of Liberia.

The National Oil Company of Liberia (NOCAL), has released its Annual for the Financial Year 2012/13 worth US$29 million.

Vice President, Mr. Israel Akinsanya

The oil company described the budget as “balanced” and noted that it will not be financed by public taxpayers.

“Inflows include income from Annual Training, Social Welfare contributions, Hydrocarbon Development Fund, Assets Transfer, Bid Round Application fees, and T.G.S. NOPEC Agreements, etc.,” said a press statement the company issued on February 19, 2013. The Vice President for Public Affairs of NOCAL, Mr. Israel Akinsanya, signed the statement.

The statement said NOCAL has allotted a very high percentage of the proposed annual budget for capacity building, which including scholarships; capital expenditure, and development to improve its capability.

 ‘Liberia does not receive any oil revenues – all income at this stage is generated by fees for the use of seismic data by other parties, and contributions made by private sector partners for corporate social responsibility, training, etc., as reflected in the Annual Budget,’ the statement quoted Senior Vice President and Vice President for Finance, Mrs. Marie E. Leigh Parker, as saying.

The Vice President, the statement said, would continue to maintain the NOCAL commitment in meeting its obligations, regarding the Liberia Extractive Industries Transparency Initiative (LEITI).

According to the appendix to the statement, US $775,000 of the budget will go to the University of Liberia while it will pay to the Government of Liberia US 1.1 million as surface rental fees.

The oil company promised to expend all of the US $29.0 million by the end of the budget year. It pledged to spend US $1.8 million on travels and consultancy and US $7.1 million on capital expenditure and development.


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