MONROVIA, LIBERIA-The Liberia Electricity Corporation (LEC) outgoing Chief Executive Officer, Monie Captan, has highlighted significant gains made by the LEC, under his supervision.
Mr. Captan named improved energy supply, reduction in power theft and commercial losses, improvement in revenue generation, expanding electricity access, network reliability, and human resources development, among others.
Speaking at a press conference on Tuesday, November 26,2024, in Monrovia, he disclosed that the LEC is connecting fifty thousand households in communities along the Paynesville-Kakata Corridor, and the Saint Paul River Bridge to Po-River Corridor.
He noted that improving customer service has also been a major consideration for the management of the LEC, especially in facilitating customer access to customer service.
The outgoing LEC Chief Executive Officer, however, underscored the Government’s indebtedness to the LEC as one of the major challenges confronting the LEC.
Mr. Captan then revealed that the Government is currently indebted to the LEC in the amount of a little over eighteen million US Dollars.
At the same time, Liberia has been selected among fifteen countries in Africa to develop an energy compact with the World Bank and the African Development Bank.
The Liberia Electricity Corporation (LEC)’s Chief Executive Officer, Monie Captan, said:” The move is in recognition of Liberia’s progress in the Energy Sector and the LEC’s performance and achievements.”
Mr. Captan disclosed that President Joseph Boakai has been invited to the Heads of State Energy Summit in Tanzania, where Liberia’s National Energy Compact will be presented.
According to him, the Summit is poised to take place in January 2025.
Mr. Monie Captan also lauded development partners for their numerous supports to the LEC and the Energy Sector over the years.
By: Frederick Teegwiah, Jr.
