Category: Blog

The Falling Liberian Dollar: Why Blaming Ellen is Not a Solution

Liberians here at home and around the world are waiting with great anticipation as President George Weah holds his first major national address to discuss the state of the failing Liberian economy.  The one thing Liberians do not want to hear is the leader of the country passing the blame to Ellen Johnson-Sirleaf’s government of which he Weah and his Vice President were a part of during the currency fiasco. As the President of the Republic of Liberia, the people will expect Weah to put out his strategies on how to stop the falling Liberian Dollar, how to increase...

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NEDC Liberia: Solving the Depreciating LD – the Fall in Personal Remittances by more than 70%

According to the December 21, 2017’s edition of FrontPage Africa (https://frontpageafricaonline.com/business/central-bank-of-liberia-over-us-449m-remitted-out-of-liberia/) the former governor of the Central Bank of Liberia, Mr. Milton Weeks stated at a press conference that despite the challenges in Liberia, the economy was on a “path of a rebound.” Additionally, the former CBL governor indicated, “The CBL will continue its periodic intervention in the Forex market on a regular basis to enhance market predictability and help to meet the Forex demand of importers…” Perhaps the Liberian people, particularly the Legislators, should be curious in having the former governor explain what intervention policies the CBL implemented....

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Speaker Chambers, Former President Sirleaf and the Liberian Economy

The Speaker of Liberia’s House of Representatives, Dr. Bhofal Chambers, took an extraordinarily bold step in addressing issues surrounding the crippling Liberian economy.  In so doing, he suggests a cause of the problem, but offers, what some believe, are ineffectual doses that disregard the underlying weaknesses in the country. The Speaker recommends Liberia scraps the use of its dual currencies regime and return to using the United States (U.S.) dollar as the sole currency – an audacious move towards complete dollarization.  While we agree that Speaker Chambers is correct on the inflation-stopping powers of dollarization – notably, it will...

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Only in Liberia: A Legislator Wants to Run for Office to Become a Legislator

“You do not support politicians during elections if the only aim of the politician is to seek a higher salary or to stay in office. You vote for people who are going to do the best damn job for Liberians.” What is it that Representative Saah Joseph wants to do as a Senator that he could not do as a Representative of Montserrado County? Representative Saah H. Joseph, a member of the struggling ruling party, who holds or held a position on the planning and economic affairs committee that deals with banking and currency, wants to become Senator of...

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UPDATE: Eighteen killed in Nigerian church by suspected herdsmen

Media Source: Agence France-Presse NIGERIA–Two priests were among at least 18 people killed in a dawn attack on a church in central Nigeria, police said on Tuesday. Around 30 suspected herdsmen attacked Mbalom community in the volatile region killing the worshippers and the two priests, said Benue state police commissioner Fatai Owoseni in the state capital of Makurdi. “They attacked the venue of a burial ceremony and also attacked the church where the two reverend fathers were holding mass,” said Owoseni. “We were able to recover 16 bodies from the scene of the attack and those of the two...

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Over 90 percent of Nigerians at risk of malaria: official

Media Source: Xinhua (China) LAGOS–– Over 90 percent of the population in Nigeria is at risk of malaria, while children and pregnant women are more vulnerable to this disease, an official said Wednesday. Malaria though preventable, still remains a major public health problem in Nigeria, Mohammed Kawuwa, the northeast Yobe State Commissioner for Health, told reporters. He spoke in Damaturu, the state capital at the commemoration of the 2018 World Malaria Day. The theme of this year’s celebration “Ready to Beat Malaria” with an accompanying slogan “Together we can”, provides a clarion for all to be committed, he added.  ...

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Paul Biya: the excessive costs of African leader’s foreign trips

85-year-old President Paul Biya of Cameroon ANALYSIS LONDON—Let us highlight Cameroon’s president, the 85-year-old Paul Biya, who is one of the world’s oldest heads of state, and one of the longest-serving – ruling for nearly 35 years after abolishing term limits in 2008. At 85 years old, the president is still sporting a jet-black hair and is said to be contemplating another run for the presidency. It is not uncommon, for what critic’s term “unproductive African leaders,” to spend millions of dollars each year on foreign trips that, on average, do not produce equally tangible benefits to their country....

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Koffa’s effectiveness as a lawmaker might transform Liberia’s legislature

Grand Kru County’s Representative to the Liberian House of Representatives Honorable J. Fonati Koffa Some Liberians might not agree on the best Liberian lawmaker in 2018 moving forward, but they would probably agree on what makes a lawmaker effective. Mostly, it is a matter of a lawmaker having a coherent program and finding ways to get it enacted. Similarly, it’s not too difficult to realize and define the qualities of an outstanding legislator. We are talking about somebody with the brains to understand complex problems, the creativity to frame solutions, and the personal skills to build majorities in favor...

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