The proposed law is intended to create a more restrictive environment and a stronger enforcement mechanism so that Liberianization, as envisaged by the government and people of Liberia, becomes full-fledged reality. It is styled “Liberian Business and Economic Empowerment Act of 2018” and was submitted and sponsored by Grand Kru County District # 2 Representative Cllr. Jonathan Fonati Koffa – who is also chairman on the House Judiciary Committee. The law, if approved by the House of Representatives and the Liberian Senate including the President and printed into handbills, will further protect the 26 businesses already reserved exclusively for individuals who are citizens of Liberia. In addition to the penalties herein described, all materials, equipment and proceeds associated with the violation shall be confiscated and auctioned for the benefit of the public treasury.”

Source: Daily Observer January 31, 2018 02:26 UTC