Liberia will receive a whopping US$50 million from a signature bonus if ongoing negotiated contract between ExxonMobil and Peppercoast Broadway is signed by President Ellen Johnson-Sirleaf and approved by members of the National Legislature.
I say government should embark upon a massive agricultural campaign by
establishing state farms in all counties! There is more value in food than
in oil!
This is truly a blessing for the Liberian people. $50m is a meaningful
amount of our nations overall budget, so will greatly assist with
infrastructure,education, and overall improved quality of life. In
addition, should they hit oil, we will finally share in those riches as
well. And if they don't hit oil, we still keep the $50m.
If this is not the Liberia story again, then Im impressed thus i have no
knowledge on the projected cash flow from this agreement but my
understanding is that the NPV is high so both parties are giving in
more...however a careful monitoring of the deliverable mentioned by the
chairman should be at the core of GOL M&E department.... the timely payment
of this bonus should be cleared.....
Am hugely concerned if the invested capital is a loan or actual cash
provided by the TNC parent? My fear is Capital flight and devaluation of
the domestic currency in the long run if these investments are not
carefully monitored..
If this is not the Liberia story again, then I impressed thus i have no
knowledge on the projected cash from this agreement but my understanding is
that the NPV is high so both parties are giving in more...however a careful
monitoring of the deliverable mentioned by the chairman should be at the
core of GOL M&E department.... the timely payment of this bonus should be
cleared.....
Am hugely concerned if the invested capital is a loan or actual cash
provided by the TNC parent? My fear is Capital and devaluation of the
domestic currency in the long run if these investments are not carefully
monitored..
Liberia: U.S.$50 Million Signature Bonus
The NEWS (Monrovia), 8 March 2013
Liberia will receive a whopping US$50 million from a signature bonus if ongoing negotiated contract between ExxonMobil and Peppercoast Broadway is signed by President Ellen Johnson-Sirleaf and approved by members of the National Legislature.
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I say government should embark upon a massive agricultural campaign by establishing state farms in all counties! There is more value in food than in oil!
This is truly a blessing for the Liberian people. $50m is a meaningful amount of our nations overall budget, so will greatly assist with infrastructure,education, and overall improved quality of life. In addition, should they hit oil, we will finally share in those riches as well. And if they don't hit oil, we still keep the $50m.
If this is not the Liberia story again, then Im impressed thus i have no knowledge on the projected cash flow from this agreement but my understanding is that the NPV is high so both parties are giving in more...however a careful monitoring of the deliverable mentioned by the chairman should be at the core of GOL M&E department.... the timely payment of this bonus should be cleared..... Am hugely concerned if the invested capital is a loan or actual cash provided by the TNC parent? My fear is Capital flight and devaluation of the domestic currency in the long run if these investments are not carefully monitored..
If this is not the Liberia story again, then I impressed thus i have no knowledge on the projected cash from this agreement but my understanding is that the NPV is high so both parties are giving in more...however a careful monitoring of the deliverable mentioned by the chairman should be at the core of GOL M&E department.... the timely payment of this bonus should be cleared..... Am hugely concerned if the invested capital is a loan or actual cash provided by the TNC parent? My fear is Capital and devaluation of the domestic currency in the long run if these investments are not carefully monitored..