19/04/2024
April 19, 2024
Immediate Release!
The President of the Republic of Liberia, Amb, Joseph Nyuma Boakai Sr, has requested the Director General, Hon. Arthur S. Massaquoi Sr, of the Bureau of state Enterprises, to thorough review all payments, remunerations, stipends, and benefits extended to Boards members across State-Owned enterprises under his purview.
This undertaking underscores a resolute commitment to fostering transparency at every level of operation within SOEs. By subjecting financial remuneration to rigorous scrutiny, the government aims to reinforce accountability and promote equitable practices within these entities. Such measures not only enhance public trust but also cultivate an environment conducive to sustainable development and economic growth.
In furtherance of the above-mentioned exercise, the senior advisor to H.E President Joseph Nyuma Boakai Sr, Hon. Augustine Konneh paid a courtesy visit at the Bureau as a way of conducting a comprehensive evaluation of the Bureau's progress, achievements and challenges and exercise ahead. His visit, as it will inform the President, ensuring that the BSE receives support and resources for performance.
As you may recall, Hon. Massaquoi's commitment during the turning-over of authority program to the reactivation process of the Bureau. By aligning with the ARREST agenda, which emphasizes transparency, accountability, and development, the BSE reaffirms its dedication to fulfilling its statutory mandate with integrity and efficacy and to ensure improve performance across all state-owned enterprises and provide policy options to the government of Liberia.
Hon. Massaquoi further indicated that his administration will exert its core function of oversight, professional regulation and consultancy; he also indicated that his administration would curb wastes and leakages within the sector and maintained that “IT WILL NOT BE BUSINESS AS USUAL”.
In conclusion, the ongoing efforts to reinforce transparency and accountability within SOEs are indicative of a proactive approach to governance under the leadership of H.E President Joseph Nyuma Boakai Sr. By prioritizing these principles, the government not only upholds its responsibility to the citizens but also lays the foundation for a more prosperous and equitable society. As the BSE continues its journey of revitalization, it stands poised to serve as a beacon of excellence in the realm of public administration, setting a precedent for accountability and integrity across the sectors.
Signed: ___________________________
Melvin Dagoseh
Director of Media & Public Relations
Bureau of State Enterprises, Republic of Liberia
[email protected]
[email protected]