NRA asked to account for D85 million meant for road maintenance

The National Roads Authority (NRA) must explain how or where it spent some D85 million which was meant to be spent on road maintenance.

The NRA, on October 4, 2012, appeared before the National Assembly select committees responsible for scrutinizing the performance and financial status of government institution, the Public Accounts and Public Enterprise Committees (PAC/PEC).

The Committees doubts the credibility and feasibility of the reports submitted to it by the NRA, which they said contains numerous unanswered questions.

“I don't think it is feasible for us to adopt the reports because more than 53 questions directed by the honorable members were not substantially answered satisfactorily,” stressed Hon. Abdoulie Bojang, the Speaker of the National Assembly.

Bojang exhorted the management and board of NRA to rework on the report to provide answers to the questions raised by the select committees.

According to Hon. Lamin K Jammeh, member for Illiasa constituency, D100 million was requested for road maintenance for the year (2011) but the report indicates only D15 million was spent.

“So where is the remaining D85 million? That is a question that needs to be answered by the NRA,” Hon Jammeh said.

Gambia security officer allegedly involved in drug deal

The police in Banjul have brought criminal charges against Musa B. Sanneh, a member of the President Yahya Jammeh-established joint-security organisation, Operation Bulldozer.

Operation Bulldozer, a brain-child of the Gambian leader, was setup in May 2012 for what Yahya Jammeh said was meant to “clean the country of criminals.”

Sanneh, a soldier, who is accused of selling heroin, a prohibited drug, to one Vesna Faye Milosavljevic at the tune of D12, 700, made his second appearance at the Kanifing Municipality Magistrates’ Court on October 8, 2012.

He is standing trial on three charges - abuse of office, corrupt practices, and destroying evidence.

Sanneh, who is being represented by Counsel Moses B. Johnson Richards, has denied the charges.   

However, the case could not proceed on Monday following the absence of the defence counsel.

The Presiding Magistrate, Sheriff B. Tabally, warned that the court shall discharge the case if the defence counsel fails to appear in the next adjourned date of 15 October, 2012.  The police prosecutor in the case is Chief Inspector Jammeh.

NYSS says government subvention not encouraging

The National Youth Service Scheme (NYSS), a government-established skills training center, which depends entirely on monthly government subvention, has said the way that the government is paying these subventions is least encouraging.

This was disclosed by NYSS’s Accountant, Mr. Edward B. Wright, in his financial report to the Public Account and Public Enterprise Committees (PAC/PEC) of the National Assembly on October 8, 2012.

“Most of the time NYSS financed its operations through bank overdrafts and this make it impossible to remit the tax deduction from staff to Gambia Revenue Authority (GRA) because banks always refuse to honor such payments,” Mr Wright said on Monday.

According to him, when NYSS subvention is suppressed or underpaid it reflects directly on the budgeted activities and this resulted in the significant variances.

“NYSS will liaise with Ministry of Youth and Sports, and Ministry of Finance and Economic Affairs forthwith to remit the arrears outstanding to GRA with immediate effect,” he said.

Gambia Competition Commission decries ‘insufficient funding’ from government

The executive secretary of the Gambia Competition Commission (GCC), has lamented the insufficient funding given to his institution by the government for the year 2011.

Mr. Amadou Ceesay said the budget submitted by the Commission to The Gambia government to enable it operate efficiently and effectively in the year 2011 was D25 million. “But only a paltry D7.9 million was given,” he lamented.

“This amount was only able to cover the Commission’s administrative expenses while the Commission had to seek financial and material support from international organizations, which were disposed to supporting newly-established, fledgling and under-funded institutions like ours (the GCC) to realize our planned activities,” he revealed.

However, he acknowledged the GCC has received financial support from various institutions like the European Union through its TradeCom project, the Small States Network for Enterprise Development (SSNED), the African Competition Forum (ACF), and International Development Research Centre (IDRC).

Mr. Ceesay was presenting the 2011 financial report of the GCC to the joint session of the Public Accounts and Public Enterprises Committees (PAC/PEC) of the National Assembly on October 3, 2012.   

The PAC/PEC adopted the reports of the GCC and commended Commission for its “stable annual activity and audited financial reports.” They noted that the reports are “binding and brilliant.” 

The primary responsibility of the GCC is to ensure that anti-competitive practices in the Gambia economy do not exist or are minimized. This, it does through the investigation of possible anti-competitive behaviour by enterprises.

Loan repayment poses “major threat” to Gambia’s ability to attain sustainable growth

Dr. Aja Isatou Njie-Saidy, Vice President of The Gambia, has noted with concern that debt servicing still poses a major threat to Gambia and other African countries’ ability to attain sustainable growth while calling on the Bretton Wood institutions, like the International Monetary Fund and the World Bank, to consider debt cancellation to these countries.

GCCI CEO, Almami Taal

Dr. Isatou Njie-Saidy told the United Nations 67^th General Assembly held in New York in September 2012 that for developing countries to continue to benefit from the appreciable growth they are experiencing and in order to compromise their capacities to bring education and healthcare to their peoples, debt cancellation or forgiveness is still a major option.

The Gambia government’s high debt burden, which continues to rise by the day and interest payment of which consumes more than 22% of the public revenues, is crowding out other public expenditures as there is no space to increase funding for employment creation, purchase drug for the hospitals, and other pressing national needs.

The World Bank has warned that the debt dynamics of The Gambia are dragging down the economy and cold undermine growth in the future and if care is not taken it could take the country down the path of a vicious low growth cycle.

Poverty is endemic in The Gambia, with almost a third of the population undernourished and 60% of the population living on less than a dollar a day. And yet the country spent lion of the national budget on servicing debts. 

GCCI undergoing financial constraints

 Unable to fulfill missions towards members

The Gambia Chamber of Commerce and Industry (GCCI), apex body of the private sector operators in the country, is undergoing difficulties constraint hence not able to meet its needs, fulfill its missions toward members, and also unable to hire more professional staff to be part of the team to run daily affairs of the Secretariat effectively, Gambia News Online can reveal.  

GCCI CEO, Almami Fanding Taal

“In adequate financial resources has been a major setback for GCCI in terms of addressing the growing demands of the private sector,” the annual reports and financial statements for the years 2006 – June 2012 of the Chamber has stated. 

Due to financial predicament, the GCCI membership training has not been conducted for quite some time owing to the cost involved; it was difficult to mobilize interested participants.

The report, presented at the annual general meeting of the GCCI held on 5th October, 2012 at the Kairaba Beach Hotel in Kololi, said the dinner lecture series of the Chamber was suspended due to lack of follow up and financial support.

The Gambia News Online understands that some members and partners of the GCCI were becoming reluctant in sponsoring or being part of GCCI activities organized for the membership, causing financial constraints for the Chamber.

Due to lack of effective implementation of its missions towards members as a result of insufficient finances, the Chamber is finding it difficult to retain current membership and also recruitment of new members is a daunting challenge.    

PIWAMP rated on top for wonderful performance

The Participatory Integrated Watershed Management Project (PIWAMP), a project that continues to positively touch the lives of thousands of Gambian households particularly those in rural areas, has been top rated for its wonderful performances, achievements and financial managements.

The project is ranked fourth in the 2011 Fiduciary Ratings of the top ten IFAD supported projects in West and Central Africa.  The IFAD’s Fiduciary Ratings compares the total financial investment of a project against it achievements.  PIWAMP is rated fourth best performing project among 45 IFAD - International Fund for Agricultural Development - supported projects in West and Central Africa, as end of June 2012. 

This was announced at Financial Management training workshop held in Rome, Italy in August 2012.  

Mr. Momodou Gassama, project coordinator of PIWAMP, said:  “This is the first time PIWAMP is ranked among the top ten best performing projects in West and Central Africa.”