Liberia: Traffic Management Concessionaire Blows Alarm Over Breached US$40M Ratified Deal - News Summed Up

Liberia: Traffic Management Concessionaire Blows Alarm Over Breached US$40M Ratified Deal


Monrovia -– In April 2019, just over a year into the George Weah-led government, a major concession agreement was announced. Trumpeted as a game changer for traffic safety and enhancement of operations of the Liberia National Police, the Liberia Traffic Management Concession is now in limbo. Donated items catching DustToday, FrontPageAfrica has uncovered, all of those items donated vehicles and bikes are gathering dust and have not been put to use because the concession agreement has been breached by the Weah administration. “Following the renegotiation process, the Concession was signed on September 11, 2018 between the Government of Liberia and Liberia Traffic Management Incorporated(LTM) for twenty years with a total investment of forty million United States Dollars,” the President told the Speaker. Similarly, the Liberia Traffic Management and the Government of Liberia signed a concession agreement on September 11th, 2018, ratified into law on December 21st 2018 and published into handbill on January 7th 2019.


Source: Front Page Africa April 26, 2021 07:18 UTC



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