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GC Launches Proposed Revenue Sharing Formula

first_imgLaunching the proposed Revenue Sharing Formula, Finance and Development Planning Minister Samuel Tweah says all should read and comprehend the document. Authorities of the Governance Commission (GC) on Wednesday, May 15, 2019 convened a consultative forum in Monrovia, at which it launched a proposed revenue sharing formula to be used across the country once completed and enacted into law by the 54th Legislature.The event, which brought together representatives from various ministries and agencies, as well as a few members of the legislature, was launched by Samuel Tweah, Minister of Finance and Development Planning (MFDP).In his proposed revenue sharing formula document, Tweah said the people across the country stand to equitably benefit should the Legislature consider it a law by an appropriate legislation.“This study cuts across two key pillars of the Pro-poor Agenda for Prosperity and Development (PAPD) to include Power to the People and Sustaining the Peace. The agenda is that people have access to their resources, and have the means to determine their social and economic livelihoods and the only way you can achieve that is if institutional structures enable them to do that,” he said.He added, “The other pillar is about sustaining the peace. A lot of times we see peace efforts through the absence of conflict or when there is no violence. We think this means we have peace, but that is not just the case. If we dig deep down in why we go into conflict most times with each other in our lives, we get to know that it is because of inequity.”Tweah said that lack of equitable distribution of Liberia’s resources over the years since independence has led to the many crises being experienced, and may continue to thread on the same sad note if the right frameworks are not put into place and executed in accordance with the prevailing circumstances.A cross-section of the audience with Senator Gbleh-Bo Brown (far right) and Representative Larry Younquoi (center)“Imagine how unfair it is for a nurse working in Monrovia to receive more money in salary as well as other benefits than nurse who works in River Gee, even though the two have the same qualifications, and competence. This is unfair, but the only way to correct it is to have a good structure and an uncompromising system,” he said.He said that the clear way to fight fragility in the country is to empower people and develop institutions that will promote equity.“This is going to be a critical milestone. We may not have everything equally shared among the people, but it is a good practice that people live without stress or worry about how they will afford to eat or take care of their basic needs. This is why I challenge you, fellow Liberians and our foreign partners, to read this document that will help us succeed in curtailing our collective national challenges at hand,” Minister Tweah said.He said the Swedish Government, that has invested and continues to invest in the policies leading to the reformation of the governance system of Liberia, will help our government to reestablish the agriculture development bank.“This will allow us loan money to people involved in agricultural activities at an appreciable level, and the benefit thereof will be immense,” he said without any clarification as to when and how the reestablishment of the agriculture bank will be done.Tweah said that the Coalition for Democratic Change (CDC) led government will reform the national fiscal budget of 2019/2020 as well as the ones ahead.“This will give confidence to the investors, and our growth will take a positive dimension,” he said, while commending donor partners for their commitment to doing what is good for Liberia.Cllr. Nwabudike lectures on the overview of the proposed revenue sharing formula.Senator J. Gbleh-Bo Brown, chairman on the Senate Committee for governance and reform, said the initiative is a good venture simply because, when passed into law, it will allow people in the rural areas carry out their own developments without solely relying on central government to get them done.“This brings in local social and economic growth, because the locals will be happy if some of the revenues collected could remain in the county and be used in accordance to their own plans, Sen. Brown said.Earlier, in his welcoming statement and overview presentation, GC Chairman, Cllr. A. Ndubuisi Nwabudike, described President George Weah as someone who is committed to letting the people have access to power at all levels.“The President is interested in seeing to it that the people have access to their own resources. The revenues they collect should therefore serve them directly to impact their lives,” Cllr. Nwabudike said.He added: “This is not the actual formula, but a proposal for the formula. The formula itself will be enacted by the legislature, because they will decide which county gets what percentage of the revenue collected.”Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Feeding Farmers Week #4 – Turner Farms

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The 4th and final winner of the Feeding Farmers in the Field contest was Lee Turner from Auglaize County. The Turners do have a corn and soybean operation, but the corn is microwavable. Dale and Ty, along with T102, took lunch to the Turner crew and got to get a few more details about the farm, as well as the custom spraying business in Waynesfield.last_img

Six beaten up on suspicion of slaughtering bovine in Bihar’s West Champaran district

first_imgSix people were thrashed by cow vigilantes on suspicion of slaughtering a bovine in a house at Dumra village in Bihar’s West Champaran district, the police said on Friday.Deputy Superintendent of Police Sanjay Kumar Jha said some people surrounded a house at Dumra village under Jaitia panchayat on the suspicion of a bovine being slaughtered inside and thrashed six people yesterday. No arrest has been made so far, he said.Qudus Kureishi, husband of the village hear, was also beaten up when he tried to intervene in the matter, Jha said. On getting the information, he said the police reached the village and pacified angry villagers by assuring action against the guilty. Additional police force has been deployed in the village, the DSP said.last_img read more

Some New Brunswick lobster fishermen park boats concerned with low prices

first_imgSHEDIAC, N.B. – Some lobster fishermen in eastern New Brunswick tied up their boats and remained onshore Thursday in a protest over the prices they’re getting for lobster.Fishermen in ports such as Pointe-Sapin and Richibucto remained at the docks, saying landings are down and prices are low.“Some processors were telling some fishermen that their price was going to be $5 and $5.50 a pound, and last week they found out from those same buyers and processors that their price was going to be far less. You can imagine the frustration of fishermen right now,” said Michel Richard, an organizer with the Maritime Fishermen’s Union.Fishermen say right now they’re being paid about $4.25 per pound for canners and $4.75 per pound for market lobsters.They say it’s a big drop from about $7.50 per pound in the spring.Richard said fishermen aren’t getting any answers from the processors and buyers about the price drop.“The fishermen are frustrated because they don’t know exactly where to get that information,” he said.But Jerry Amirault, president of the Lobster Producers Association of New Brunswick and Nova Scotia, said producers are paying what the market can bear.“At this time the markets are fragile, and we are working with the MFU and the fishermen,” he said.Amirault said the change in the value of the Canadian dollar has had an impact on exports.Since late July the value of the U.S. dollar has gone from $1.35 Canadian to $1.25 Canadian, the equivalent of a 7 per cent drop for Canadian exporters selling in U.S. dollars.The provincial Department of Fisheries issued a statement, saying it is working with the fishermen and the processors.“The price of lobster is determined by market conditions. There are many components of pricing within the marketplace. They include … availability of supply, fluctuation in market demand and fluctuation in exchange rates,” the statement reads.In 2016, the value of New Brunswick’s exports of seafood increased by $157 million to $1.6 billion compared to the year before.It’s not the first time fishermen have protested over lobster prices.In 2013, fishermen in New Brunswick, P.E.I. and Nova Scotia stayed at the docks in a protest over prices. At the time, prices had dipped to about $2.75 per pound for canners and $3.25 per pound for market lobsters.New Brunswick fishermen blocked trucks delivering Maine lobsters to three producers in Cap-Pele and Shediac in 2012.Richard said not all the current lobster fishermen are protesting the prices. He said some of the boats didn’t go out Thursday because of high winds.The fall season, for the zone covering much of the Northumberland Strait, opened Aug. 8 and runs until Oct. 9.— By Kevin Bissett in Fredericton.last_img read more