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first_imgFollowing drastic reduction in the production of rubber in the country, owing to the drop in the world rubber price, the Central Bank of Liberia (CBL) last Friday pumped the amount of US$5million, and LD$129,750,000 as stimulus package for into a program for the resuscitation of the rubber industry.Speaking at Friday’s presentation ceremony, CBL Executive Governor, Dr. Mills Jones, said the initiative was government’s way of reaffirming its commitment to the revitalization of the sector.He described the loan as a “stimulus package for struggling rubber farmers and the resuscitation of their production.”According to him, the loan will  enhance the industry’s ability to intervene in the foreign exchange market, and to support stability of the exchange rate and boost the country’s  economy.The Governor noted that the rubber sector is a major economic activity that should not be left alone without government’s intervention, considering that it is one of the larger employment sectors in the country.Dr. Jones disclosed that industry was going through difficulties, owing to the short fall in the price of rubber on the global market, something, he said, needs serious intervention.“The drastic reduction is very serious and needs urgent intervention to make the sector operational. If the sector remains unattended, it would lead a large number of people becoming jobless,” the CBL Executive Governor stated. “We need to support the sector, because it provides employment opportunities to a larger segment of the population of the country. If we  don’t support the sector, large numbers of our citizens will be out of work,” Dr. Jones maintained.  The loan, according to him, will be managed by the Liberia Bank for Development and Investment (LBDI).For his part, Mr. Ben Garnnet, president of the Rubber Planters  Association (RPAL) thanked the  government for the loan and suggested that they should work together in maintaining the rubber industry as Liberia’s traditional cash crop commodity.He believed that government should stand by the farmers in stabilizing the situation. The current situation facing rubber farmers has led to their inability to pay millions of United States Dollars that they owed their employees, Mr. Garnett said.“We are going to pay our employees and the increase production, because the loan is a milestone in the history of the industry,” the RPAL boss noted.   He further said that loan would help to improve in the production of rubber, whose drastic reduction  had  affected  members of the association as well as, other local planters in the country.According to him, rubber farmers, like other sectors in the past, find it difficult to acquire loans.  This has  even made the situation complex, but the CBL intervention would help to improve his association’s relationship with local banking institutions.   The drop in production in 2013 has plunged them into over million United States Dollars debt, he noted.Earlier, Mr. John Davies, president of LBDI, said the loan was significant to revamp the economy and the rubber industry.  He challenged them to make sure that they paid it back, and on time.Mr. Davis, who is also president of the Liberian Bankers Association (LBA), disclosed that over 37 rubber’s farmers had applied to the bank for the loan, noting that “they have to meet all of the requirements stipulated in acquiring the loan,” Davis noted.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

first_imgOpposition walkout… Opposition Leader says explanation “nonsensical”Responding to the claims made by the Opposition People’s Progressive Party (PPP) about their allegedOpposition Leader Bharrat Jagdeo expressing his displeasure on Wednesday night at D’Urban Parkmistreatment at the recently held independence flag raising ceremony, Minister within the Education Ministry, Nicolette Henry, on Friday said the Party members left the D’Urban Park event while her officials were trying to have them seated together as requested.On Wednesday evening, Opposition Leader Bharrat Jagdeo expressed disappointment that his Party was left embarrassed when members turned up at the D’Urban Park arena to be a part of the activities, but could not because most of the Members of Parliament (MPs) were left standing without any seats.He said effort was made to correct the situation, but after some 30 minutes standing, nothing was done. They all dubbed the situation disrespectful, and the group, led by Jagdeo, walked out of the event.But on Friday, Minister Nicolette Henry, who had responsibility for the staging of the event, said the parliamentary Opposition was invited to all state events and confirmed its attendance to the flag raising ceremony.She said after accepting the invitation, the Opposition was briefed by her on Tuesday, May 24, on the time of arrival, entrance to be used and seating arrangements. Based on the arrangement, the Opposition Leader was expected to be seated in the Presidential Section with all other past Presidents and Prime Ministers. All other PPP members were to be seated in the other VIP section.According to Henry, the Opposition Leader did arrive, but not at the time he was expected to. He also used an entrance that he was not supposed to use.Explaining the details of what transpired on Wednesday evening, Minister Henry said Jagdeo arrived at 21:55h and used the South Western entrance (Hadfield Street).She said had it not been for the Police insistence on using the North-western entrance, this would have resulted in the Opposition and President Granger arriving on the tarmac at the same time.According to her, the other members remained standing in the passage and had indicated that they would only sit when they could be assigned seats together. However, according to her, this was not told to the usher.“Upon my arriving in the Presidential Section, the Opposition Leader indicated there were concerns with the seating. I assured him I will address this immediately, so I proceeded by personally asking other invited persons to give up their seats to ensure the Opposition members were all seated together.”She said as soon as the persons began to give up their seats, the Opposition walked out.“In the circumstances, I wish to state that as the organiser of this event, I apologise for any inconvenience, embarrassment or distress this incident may have caused”, Henry said in a statement on Friday.But Jagdeo, immediately told Guyana Times that the Minister’s response was “nonsensical.” In fact, most of the things she stated were untrue, the former Head of State said.Meanwhile, the PPP/C in a statement issued on Friday afternoon said that Minister Henry’s statement on the incident is “a poor effort to extricate the Government from the disrespectful treatment of the parliamentary Opposition.”According to the Party, the Minister seemed to have difficulty comprehending the issue at hand. “The Minister gave all assurances on May 24 to the Leader of the Opposition and a large group of PPP/C MPs and again on May 25, with the Chief Whip [Gail Teixeira] that seats for all PPP/C MPs and their spouses were reserved for the flag raising in the VIP section and that “we should not worry, everything was taken care of,” the statement said.According to the Party, the Minister was advised that the PPP/C MPs were attending the event in one bus to reduce any logistical problems.last_img read more

first_imgJo Rabester Yengbe Jr.-Scores Sweet Victory over Monrovia Football Academy A young Liberian Jo Rabester Yengbe Jr., last Monday officially inaugurated his sports academy in an elaborate program at its SOS premises in Matadi. The colorful program brought together several teams in and around Monrovia in a charity fundraising football jamboree.According to Mr. Yengbe, the vision of the Heart of Champions Sports Academy is to present to the world special talents with moral values and leadership qualities to please God. The religiously savvy Yengbe, who is an avid sports lover, said the academy’s mission is to create an institution of brands and leaders, where children’s lives will be transformed through sports, teachings of moral values, and training to defeat the challenges in society and the vulnerabilities it presents.Mr. Yengbe, who has big hope for the lads at the academy, said he is satisfied with the level of passion the young people are dedicating to not only the sports aspect of the academy but the learning as well.“We hope to generate funds in the future that will enable us to provide lifelong learning and training for these young people in many disciplines,” Yengbe said.The coach of the sports academy Timothy Jeffrey said the parents of the children have embraced the idea and are part of it. “They encourage their children and are always at our practice and reading sessions to give their children the moral support,” he said.He said his dream is to make Heart of Champions an elite academy to provide football and education. “Our dream is to be the best academy in football and education,” Jeffrey said.The captain of the academy, Boakai Javombo said he is happy at the academy. “We have a lot of fun with our friends.” He said his dream is to be a well-educated footballer. The lad didn’t look across the Atlantic for his role model.“My dream is to be a great footballer and leader like George Weah,” he said beaming with smiles. He lauded his parents and the academy’s founder for the work they are doing for them. “I am grateful to my parents and Jo and our coach for training us,” said Javombo.The academy, which brings together children of both genders under the age of 18, scored their first success when they defeated the famed Monrovia Football Academy 1-0 in the 80th minute through Jefferson Lamouth.Other matches in the charity fundraising jamboree saw Dress Man Fashion humbled by Runners Association 2-3, GT Banks were spanked 3-0 by Monrovia All-Stars while A. M. Dogliotti College of Medicine defeated Monrovia Christian Church 5-0.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

first_imgA 75 million-dollar building will be constructed in the new year in the compound of the Georgetown Mayor and City Council (M&CC) to house its administrative staff as the Council awaits funds for the much-needed rehabilitation of the 19th century structure. The deplorable state of the colonial building has been an eyesore for many years, with several citizens voicing their displeasure over the conditions and the building being declared unsafe for use.A section of the deplorable condition of City HallThis was revealed by Communities Minister Ronald Bulkan after being probed by Opposition Member of Parliament Gail Teixeira on the status of the restoration project. Teixeira said it is in the worst state that she has ever seen it and asked Bulkan if any money was put aside to rehabilitate the picturesque structure.Bulkan in his response told the National Assembly during the Committee of Supply on Wednesday that the building is unsafe to house the staff while under construction. As such, he noted that works will commence in 2019 to construct a new admin building while the restoration works are in progress. The Opposition Member of Parliament (MP) wanted to know what it will cost taxpayers to restore the structure. However, the Communities Minister indicated that the building falls under the purview of the National Trust which itself falls under the Social Cohesion Ministry.Bulkan reminded the House that the National Trust is very concerned over the state of the building and noted that Government has received offers from “external sources” to allow for the rehabilitation of the historic building. He however cautioned that the M&CC is also responsible for the building. It is expected that the new building to temporarily house staff will be completed by the end of 2019.Though Central Government is taking steps to facilitate the renovation, City Hall continues to complain of its cash-strapped status and reportedly does not have these monies to rehabilitate the current building.The European Union (EU) in July handed over a detailed $64 million restoration plan it funded for the deteriorating City Hall. The restoration work was estimated at US$4.3 million (GY$894 million), but the National Trust of Guyana has cited a higher figure at GY$1 billion.The Town Clerk had informed at that time that the City Council had made attempts to restore City Hall and other structures within Georgetown.last_img read more

first_imgBoat captain Orlando Pillard of Itaballi Landing, Mazaruni River, Region Seven (Cuyuni-Mazaruni), who allegedly was busted with 45.5 grams of cannabis hidden in his bedroom on December 13 last, has been remanded to prison by Georgetown Magistrate Faith McGusty, before whom he appeared and denied the offence.The Prosecution is contending that the 28-year-old Pillard had the narcotics in his possession for the purpose of trafficking; and Police Prosecutor Seon Blackman, in presenting the facts to the court, said that at 09:00hrs on December 13, Police ranks acting on information went to the home of the defendant and conducted a search, resulting in the illegal drug being found in a transparent bag under his bed.Magistrate McGusty has remanded Pillard to prison, and has set the case to continue on January 3, 2019 before the Bartica Magistrate.last_img read more

first_img0Shares0000Paris Saint-Germain’s Neymar will miss the French League Cup tie at Strasbourg on december 13, 2017, after also sitting out the previous weekend’s 3-1 win over Lille through suspension © AFP/File / Christof STACHEPARIS, France, Dec 13 – Paris Saint-Germain forward Neymar has returned to the French capital and will train on Thursday after being allowed to visit his native Brazil on family matters, the Ligue 1 leaders said Wednesday.The world’s most expensive player will miss Wednesday’s French League Cup tie at Strasbourg, after also sitting out last weekend’s 3-1 win over Lille through suspension. PSG coach Unai Emery said on Monday that Neymar had gone home because of a family problem and that he hoped the former Barcelona star would be back in “three or four days”.Amid speculation over the reasons behind Neymar’s trip, Brazilian website Globoesporte published social media messages accompanied by photographs which suggest the player could have been at the birthday party of his friend’s father and had also visited a dental clinic.On Monday, Neymar published a photo of himself on Twitter with the message: “Focus, strength and faith for the celebration of another day!!”PSG, who are bidding for a fifth successive League Cup title, lost 2-1 to Strasbourg in the league 11 days ago.0Shares0000(Visited 1 times, 1 visits today)last_img read more

first_img1 Nir Bitton Nir Bitton’s agent claims his client has no plans to leave Celtic – despite talk of interest from Arsenal and Sunderland.The defensive midfielder has been a hit since moving to Scotland in 2013, arriving for just £700,000 from Israeli side FC Ashdod.The 24-year-old’s performances have seen him linked with clubs in the Premier League and it was reported that a £10m offer would be enough to lure him away from Celtic.But now Bitton’s agent, Dudu Dahan, has denied speculation that his client will be leaving for England in the summer.“These reports are not correct, I have never said that Nir will leave Celtic,” Dahan told the Celtic official website.“Nir has signed a new contract with Celtic and appreciates everything he has at Celtic. He loves the club and wants to be at Celtic for a very long time.”last_img read more

first_imgThe Plaza in Buncrana is set to welcome the return of one of the most memorable nights of the year on November 12th. A night of entertainment, thrills and possibly spills are expected as ‘Strictly Come Dancing’ returns to town.The popular event will feature 10 locals who will pull on their gladrags in a bid to impress judges and the audience with some slick new dance moves – all in aid of the Donegal/Galway Cancer Bus and Buncrana’s own ‘Children in Need’.The night’s host is TV3’s Noel Cunningham, and there will be music provided by the brilliant Off The Rails. Organiser Adrian McMyler spoke of his excitement at bringing the event back to The Plaza.“It’s going to be a brilliant night,” he said, “the dancers have been working extremely hard – sometimes three to four nights a week, and deserve a huge amount of credit.”He also said that the importance of both causes will hopefully lead to a big turn-out on the night.“Everyone has experienced cancer throughout their lives, be it in their family or elsewhere, and hopefully with the money raised, we can contribute to such a worthy cause. “Buncrana has always been known for its community spirit, and I’m hopeful that the people of the town will come out in their numbers and support what will be a great night’s craic.”Strictly Come Dancing is an all-ticket event, and admission is €15. The event is sponsored by Tom Clare Steel Fixer and Trojan Technologies.Doors open at 7:15pm, and information is available by calling Adrian on 0867359993.Participating couples:1. Patricia Ferguson – Christian Mc Ginley2. Lisa Dillon- Greg Bradley3. Fiona Connolly – Oliver Doherty4. Stephanie Porter – Benny Porter5. Jennifer Biggins – James Kelly6. Susan Crossan – Paul Lambert7. Ciara Steele – John Ryan8. Catherine Carlin – Seamus Mc Daid9. Elaina Winkers Mc Ginley – Christopher Cuffe10. Colette Toland – Paddy DohertyBuncrana Strictly Come Dancing 2016Glitz and glamour as ‘Strictly’ fever hits Buncrana was last modified: October 26th, 2016 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:buncranacancer buscharityStrictly Come Dancinglast_img read more

first_imgGAA Presidential candidate Tom Daly will get support from fans around the country today by calling for the revival of the Railway Cup.The Donegal man – one of the favourites to be next GAA President – says he would like to see the inter-provincial competitions in both hurling and football and hurling brought back into the GAA fixtures calendar.Said the Aodh Rua clubman: “The GAA would be extremely foolish to give up the inter-provincial brand of competition. “I would like to think that a sensible way can be found for continuing the competition.”DONEGAL’S DALY WANTS RAILWAY CUP BACK was last modified: January 2nd, 2011 by gregShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

first_imgPictured are a number of the committee members for the North West 10K: Patsy Doherty, James Boyle, Paddy Bond along with Mark McCloskey of Evolve Menswear presenting the committee t-shirts to Grace Boyle.  10K COMMITTEE GET ‘SHIRTY’ WITH EVOLVE! was last modified: May 1st, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more