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2 clusters · 3 sources · 7 days · First seen · Last updated

Liberian economic and security policy concerns

Overview

Liberian stakeholders in the shipping and logistics sectors have expressed opposition to Executive Order No. 166, which prohibits the transshipment of unprocessed natural rubber. While the government intends for the order to promote domestic industrialization and revenue growth, transport operators report a decline in business. Specifically, the transit trade of rubber from Guinea through the Port of Monrovia has seen a drop in cargo volumes.

In the legislature, Senator Momo Cyrus has called for a review of the contract with the Liberia Transport Traffic Management Company, citing a massive decline in state revenue from vehicle registration services. Concurrently, Senator Amara Konneh has raised alarms regarding national security, noting that Liberia is transitioning from a drug transit point to a consumer market. Konneh highlighted increased drug seizures and the risks posed by porous borders and regional criminal activity.

Entities

Momo Cyrus · Guinea · Liberia Transport Traffic Management Company · Liberia · Amara Konneh

Timeline

  1. [POLITICS] 3 sources
    Liberian senators raise concerns over revenue loss and drug trafficking

    Liberian senators are calling for a review of a transport management contract due to massive revenue losses and warning of increased drug trafficking risks along porous borders.

  2. [BUSINESS] 2 sources
    Liberia rubber transshipment ban sparks stakeholder complaints

    Liberian shipping and trucking stakeholders are urging President Boakai to reconsider a ban on unprocessed rubber transshipment, citing business losses and reduced transit trade from Guinea.

Sources

frontpageafricaonline.com · liberianewsnetwork.com · smartnewsliberia.com