Sierra Leone Parliament Calls For Price Control

-


The Chairperson of the Parliamentary Oversight Committee on Trade and Industry in Parliament, Hon. Veronica K. Sesay has said that trade is the backbone for the development of any country.
Hon Sesay made this statement on Tuesday 18th October 2016 when the committee summoned the Ministry of Trade and Industry.
The committee noted that there is no price control in commodities and asked what the ministry has done towards that and their status report.
She pointed out that when the committee is going on oversight functions they want to see policies of the ministry because they are the people’s representatives the public is asking what the committee is doing as there is no price control in the country.
The Permanent Secretary of the Ministry of Trade Abdul R Fofanah informed the committee that he is in charge of the administration of the ministry and  his responsibility is to advise the minister on administrative issues.
In his presentation to the committee, Mr. Merewether said  in the ministry’s 2016 status report their mandate is to developed policies and programmes that will envisage a private sector led economy which will ensure that socio economic needs of the citizens.

He went on to say that the core functions of the ministry of trade is to coordinate and spearhead the implementation of the national trade policy and industry policy
 He added that  in the status of the ministry’ s 2017 status report they have five deliverables - to create a conducive business environment through institutional and regulatory forms, to  provide logistics for coordinating and tracking of ongoing doing business reforms (DBR) FOR 10 WB indicators.
The Minister of Trade and Industry Captain Allieu Pat- Sowe told the committee that status report and contingency plan to address government’s austerity measures for 2016 are in place and that they are working with the local content policy 
Pat Sowe further stated that the Ministry has the mandate of developing policies and programmes to stimulate local and export trade as well as enhancing private sector investment, industrial and economic growth.
He said leading economic development through policy formulation, private sector investment, dialogue facilitation, industrial development and public education.
The minister told the committee that there is an ongoing discussion with concern institutions about the bidding process the Ministers of Trade and Agriculture are spearheading and providing leadership on institutional feeding process.
The Chairperson of the committee Hon Veronica k Sesay said now the committee is au fait with the presentation of their status report. Hon Navo KaiKai said the local rice is more expensive in Freetown than the imported rice.

Comments

Post a Comment

Popular posts from this blog

Five Awards In 2019… GT-SIMPAY Drives GTBank With Another Award

-
Image
The Asian Banker has awarded Sierra Leone fastest and finest bank, Guaranty Trust Bank (Sierra Leone) an award of Best Mobile Initiative, Application or programme. This was disclosed to the media yesterday by the Managing Director GTBank, Ade Adebiyi at their Wilberforce Street branch. The plaque reads: “THE ASIAN BANKER The west Africa Excellence in Retail Financial Services Awards 2019 This is to certify that Guaranty Trust Bank (Sierra Leone) GT-SIMPAY Fulfilled all the research criteria to be recognized by their industry peers as winner of Best Mobile Initiative, Application or Programme (as recorded in www.theasiabanker.com) Signed hereunder by all members of The Excellence in Retail Financial Services Programme on 25 April 2019.” GTBankis a commercial bank that has been operating in Sierra Leone for several years. Over the years the bank been has keeping it services and it activities within the country’s environment. This, the Managing Director, Ade Adebiyisaid are
Read more

Providence Students Takes Centre Stage To Celebrate 10th Anniversary

-
Image
Students of Providence International High School have expressed to Junior SALONE TIMES what they think about their school and how they are going to celebrate their school’s 10 th year anniversary. Kadish Nadia Kamara an Art student of the secondary school expressed that she is very excited and blessed to be a student of that great school and celebrating ten years of the school’s anniversary is worth celebrating. ‘’ I am so grateful and happy because ten years is not ten days and within this year our school has gone through a lot but to God be the glory,it has been successful,’she said. This year’s celebration will be one with a difference from all other celebrations, we will be seeing ex-students of the school interacting with us the present and outgoing students, sharing their successful and inspiring stories with us and our teachers, there will be a school band in the evening at the school campus for all to merry and we will embrace it with joy because as the saying goes ‘a
Read more

Africell Gives Over Le 242 Million To Subscribers

-
Image
S ierra Leone finest GSM operator Africell has presented Le 242,265,000 to lucky winners in the on-going “Africell 3G ++ Ramadan Show’’. Subscribers who were excited about the promotion expressed their appreciation to the company for making it possible for them to feel belonged in the company. Four subscribers won the star prize50 Million Leones each while other subscribers won different prizes such as phones, Wingle+MB, Mifi+MB, recharge cards and cash. The presentation of prizes took place yesterday at the Company’s Headquarters in Wilberforce and was witnessed by the press and subscribers. In his address to subscribers and the press, Africell Chief Corporate Affairs Officers, Joe Abass Bangura said “We are also pleased to announce that Wednesday 29 th June, we had another Star Prize of winner of 50 Million by the name of John Kamara from Dworzack. The three other winners of 50 Million Leones were Abdulai Sall a 15 years old boy SSS 1 pupil of Benevolent Secondary Schoo
Read more