Agro

President George Manneh Weah has observed that with Liberia’s fertile soil, there is no reason why the country should lack a vibrant agriculture sector.

By Michael Roberts

Liberia is rich in natural resources. The land itself is one of the most suitable locations in sub-Saharan Africa for agriculture. Despite these natural resource advantages Liberia remains poor, and its natural resources largely untapped due to lack of innovation or impetus to bring about any serious shift from the country’s heavy reliance on extractive economic activities to agro industries that spur investments and empower the citizens.

President George Manneh Weah has acknowledged the favorable response of rice importers to his request for reduction in the price of the nation’s staple food. The rice importers have reduced the price of a 25kg bag by two United States Dollars (US$2) while the price of a 50kg bag is reduced by US$4.

The government of Liberia says the Forest Industrial Development & Employment Regime Act of 2017 which was mentioned by UK based watchdog organization, Global Witness in its recent report was passed to alleviate pressure on the logging sector and to “encourage value-addition investment” as part of government’s effort to diversify the country’s economy and engender inclusive and impactful growth. The government statement comes in the wake of a publication on December 19, 2017 by Global Witness which criticizes the law and described it as a ‘secret tax break’ of US$13 million dollars for logging companies.

 

Two generators valued at US$21,100 have been turned over to two Liberian farmers by the Liberia Agribusiness Development Activity (LADA).

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