Liberia: House Reawakens APM Terminals’ Investigation amid Latest Increment in Tariff - News Summed Up

Liberia: House Reawakens APM Terminals’ Investigation amid Latest Increment in Tariff


The House’s latest move came as a result of APM Terminals’ latest increment of all current charges of its services at the Free Port of Monrovia. The port operator said the increment was in line with its concession agreement with the government of Liberia which allows a 2021 tariff adjustment using predefined formula. He said there was an urgent need to review the agreement signed between the APM Terminals and the Government to correct some of the flaws that the company is dwelling to exploit the Liberian citizens. I think APM Terminals’ operations in Liberia need to be revisited to address some of the clauses that continue to harm our people and economy. As part of its investigation, members of the committee travelled to Ghana in 2020 to get firsthand information on APM terminals’ operation in Ghana, as compared to its activities in Liberia.


Source: Front Page Africa January 15, 2021 04:41 UTC



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