Over the years, the major contributors to the economy have been the National Port Authority (NPA), Liberia Electricity Corporation (LEC), Roberts International Airport (RIA), Liberia Civil Aviation Authority (LCAA), National Oil Company of Liberia (NOCAL), Forestry Development Authority (FDA), Liberia Maritime Authority (LMA), Liberia Petroleum Refining Corporation (LPRC), Liberia Water and Sewer Corporation (LWSC) and Liberia Telecommunication Authority (LTA). All four ports: Freeport of Monrovia, Port of Buchanan, Port of Greenville, and Port of Harper struggled to break even. Eagle eyes are watchingLIBERIA CIVIL AVIATION AUTHORITYSince 2005, the LCAA has been tasked with regulating the aviation sector in Liberia. GRADE: F2020 OUTLOOK: There are high hopes for Liberia’s petroleum sector and the announced bid round is a vital part of Liberia’s recovery. LIBERIA PETROLEUM REFINING COMPANYTHE LOWDOWNThe primary statutory obligation of the Liberia Petroleum Refinery Company (LPRC) is to ensure adequate and consistent supply of petroleum products on the Liberian market.
Source: Front Page Africa December 18, 2019 06:45 UTC