In an effort to improve the energy sector of Liberia, the Federal Government of Germany has provided 15 million Euros grant to the Liberian Government.
Speaking recently after a signing ceremony, President Ellen Johnson-Sirleaf said the amount would greatly help government to provide electricity to thousands of households as well as businesses in Montserrado County.
She explained that the grant would most importantly enable the Liberia Electricity Corporation. It will connect residents of Clay Ashland in rural Montserrado, Double Bridge Community and Duport Road.
The Liberian leader said that the connection of these communities will help to address power theft. This ill behaviour is creating serious financial burden for government. She disclosed that funding is enough to connect 93,000 residents of Bomi County, Kakata and RIA in Margibi County.
The president said work would begin next month and will be completed in 18 months. By that time, she will be out of office.
President Johnson-Sirleaf also disclosed that funding is available to construct a dam on the Via River. This dam would ensure the Hydro remains functional at full capacity during the dry season.
Germany’s continued support
Ambassador Hubert said Germany attaches importance to Liberia’s energy sector. For this reason, it decided to commit 15 million Euros to the sector.
The German Ambassador has expectations that the grant will be in use for its set purpose. He recalled that Germany has provided about 450 million Euros to Liberia since cooperation between the two countries began more than a century ago, with the Johnson-Sirleaf’s administration getting 290 million.
For his part, Finance Minister Boima Kamara said the grant would enable LEC to connect 15,000 households and businesses. In conclusion, he said the grant would strengthen Liberia’s economy. This is bearing in mind the importance of a vibrant energy sector to the country’s growth.