- Written by Our Senior Staff
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- Published: 27 April 2009
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Citizens of Margibi and Grand Bassa counties have described the Liberia Extractive Industries Transparency Initiative (LEITI) as "great eye opener."During a two-day outreach meetings held in Kakata City, Margibi County and Buchanan City, Grand Bassa County over the weekend, chiefs, elders and cross-section of citizens also lauded members of the House of Representatives for recently passing the Act establishing LEITI and are calling on the Liberian Senate to concur with the lower house in speeding the process as means of allowing it meaningfully contribute to the development of Liberia.
The outreach meetings were intended to disseminate the first report of LEITI for discussion amongst the citizens, with members of the international Extractive Industries Transparency Initiative (EITI) mission that recently visited Liberia in attendance.
Earlier reinforcing sentiments expressed by other counties, the citizens of Margibi and Grand Bassa counties respectively praised LEITI as another positive change-agent that the President Ellen Johnson Sirleaf-led administration has introduced in the country.
They observed that information surrounding mining and logging companies in the past had been treated as a secret by government, resulting to mismanagement of revenues and underdevelopment of Liberia. The openness by LEITI will therefore contribute to the development of Liberia, the citizens underscored.
LEITI is part of a global program that promotes transparency over mineral revenues through regular verification and disclosures, as well as publication of data of all taxes and revenues connected with the operations of logging, oil and mining companies.
It first report on Liberia covering mineral and forestry payments and revenues was held on February 9 this year.