FrontPageAfrica (Monrovia)

20 February 2014

Liberia: CDC Commends LPRC for Averting Fuel Crisis in Liberia

Monrovia — The leadership of the Congress for Democratic Change has lauded the Board of Directors and Management of the Liberia Petroleum Refinery Corporation, LPRC for showing efficient leadership in averting what could have turned out to be a national fuel calamity in Liberia.

The CDC says, though the acute shortage of petroleum product experienced recently on the domestic market caused embarrassment to consumers, it however believe the urgent resolution of the crisis, accompanied by its aftermath market stability is an effective managerial strategy that must be commended by the opposition, and all Liberians.

At the same time, as the Congress for Democratic Change continue to work with domestic and international partners towards a viable national economic franchise, the party expresses complete bewilderment at comments attributed to the former Managing Director of the LPRC, Mr. Harry A. Greaves, whose criticism of the entity is far-fetched and unpatriotic to the country's common patrimony. The CDC reminisces Mr. Greaves handling of the entity in pastimes as operating at its lowest ebb when the then Managing Director was very effective in shrouding the LPRC in endemic corruption, amidst the worst resource discrepancy in its history.

At this point, the CDC holds the opinion that, in order to abate the recurrence of the averted tragedy that nearly engulfed the entity, it is recommending government's investment in the corporation's capacity to enlarge its storage facilities, if not exert efforts to begin the industrialization of petroleum products domestically.

Henceforth, the CDC reaffirms the need for prosecution of individuals, including Mr. Harry Greaves, indicted for corruption and other financial irregularities. The party believes that by this action, the equitable distribution of the nation's resources for all its people will be maximally achieved.

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