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Prez Weah submits additional financing agreement, signs deed to West Point…

Cecelia Clarke/Jacob Parley/Maximilian Kasseh, Jr.
Township of West Point,Monrovia
Township of West Point,Monrovia

MONROVIA, LIBERIA-President George Manneh Weah has submitted additional financing agreement for the West African Power Pool Interconnection project to the Lower House for ratification.

The agreement is worth Forty-five point three million United States Dollars, and involves the Cote D’ivoire, Liberia, Sierra Leone and Guinea.

In a communication Tuesday, July 10, 2018, President Weah said:” The objective of the project is to support Government’s efforts in providing reduced and affordable cost of electricity for Liberians.”

He added that the electricity will also be efficient and reliable for people in urban and rural areas, and that the project will provide a range of opportunities for Liberians.

The President’s communication has been forwarded to the Committees on Ways, Means and Finance, Judiciary as well as Lands, Mines and Energy to report in two weeks.

In another development, President Weah has signed into law the historic deed to the slum community of West Point.

The signing paves way for the transformation of the Township into a modern community.

The Deed, also referred to as the Development Grant, was presented to the Liberian Leader in June this year for his signature following the conduct of multiple surveys.

The survey involved the Liberia Land Authority, Ministry of Internal Affairs and other government agencies.

President Weah has turned over the Deed to the National Housing Authority in preparation for the construction of 2,000 modern homes in West Point to replace existing outmoded structures.

Meanwhile, the first phase for the upgrading cum transformation of the West Point is expected to commence soon with the construction of a Ocean Defense System to protect the land from sea erosion.

The NHA is working along with more than twelve government agencies, NGOs and the Township leadership on the upgrading process.

West Point has been an epicenter of troubling sea erosions over the past years that have made thousands of residents homeless.

 


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