Liberia’s Minister of Finance and Development Planning, Augustine Kpehe Ngafuan, announced the government’s goal of mobilizing US$2.1 billion from international development partners to boost electricity access from the current 33% to 75%. This initiative is part of a broader strategy to enhance road infrastructure, thereby fostering investment and creating job opportunities.
During a speech to graduates of the Banking Institute of Liberia, Minister Ngafuan underscored the significance of improving access to electricity, which he identified as a key obstacle to economic growth in the country. “If we want the economy to expand, we must reduce that burden. Currently, only 33% of Liberians have access to electricity,” he stated, emphasizing that a robust energy infrastructure is foundational for business success.
Ngafuan detailed the government’s ARREST development plan, which spans over five years. The plan aims to secure the mentioned funding to significantly improve energy access, which is expected to facilitate business expansion across the nation.
“I want us to be a little positive about our country,” he said, recognizing the challenges but encouraging a focus on the positive developments, such as the graduation of new professionals. He affirmed the governmentβs commitment to creating job opportunities and addressing critical issues like road infrastructure, stating, “We envision that people will soon drive from Monrovia to Cape Palmous on asphalt pavement.”
The minister expressed confidence in the government’s ability to overcome challenges, describing the current stage as “tertiary development.” He committed to staying focused despite potential distractions that could impact progress.
Ngafuan also addressed the importance of integrity among the graduates. He urged them to uphold this value as it plays a pivotal role in their future career success. “Integrity is that character that will take you beyond. You may have networks and friendships, but your ability to remain in any working environment will be based on the integrity you carry with you,” he concluded.
In addition to these initiatives, Minister Ngafuan highlighted Liberia’s participation in a recent Energy Summit in Tanzania, presenting the Liberia Energy Compass as part of their strategy to build a sustainable energy framework. He acknowledged public skepticism regarding the effectiveness of such international engagements but explained that these efforts are vital for long-term development.
While addressing concerns voiced by citizens during the launch of the ARREST agenda, Ngafuan asserted that building a solid foundation is essential for successful development: “The good structure of a building does not start with mixing; it starts with planning. Putting together a good plan is not time wasted.”
With a vision focused on connectivity through energy, infrastructure, and employment Minister Ngafuan remains optimistic that the government will achieve its goals and Bring about substantial change for the people of Liberia.
