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Sierra Leone News: P/ment approves 2 loan agreements to improve electricity in Bo and Kenema

Members of parliament (mp’s) ratified two loan agreements for the improvement and sustainable supply of electricity to the people of bo and kenema districts yesterday, 16th march 2017.
The loan agreement between the republic of sierra leone and the african development fund for the rehabilitation and extension of the bo-kenema distribution system, dated 22nd november, 2016, and the protocol of agreement between the republic of sierra leone and the african development fund for rehabilitation and extension of the bo-kenema distribution system, dated 22nd november, 2016.
Presenting both agreements to members of the house, the minister of state, ministry of finance and economic development, momoh vandi, disclosed the estimated cost for both agreements is $59 million (fifty nine million usd) to be funded by government and donor partners.
The government has the responsibility to compensate affected property owners along the power grid, explaining that the loan agreement is for a period of 30-years, with 10-years grace period.
According to him these agreements would upgrade and improve connectivity of power to inhabitants of bo and kenema, including blama, gerihun, and yormandu along the bo-kenema highway.
Acting minority leader of the house, hon. Sidie tunis, described the agreements as timely and non-contradictory considering the current status of electricity supply in bo and kenema.
Hon sidie disclosed despite government and donor partner’s huge investment in the electricity of freetown, the power supply is still very poor, urging the edsa to improve on the service.
Majority leader of the house and leader of government business, hon. Ibrahim bundu, said, “the more you get, the more you want”, he says, noting the importance of electricity supply to the inhabitants of bo and kenema.
By  Alhaji m. Kamara
Friday March 17, 2017.

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