Rep. Tarponweh Gathers Colleagues to Make National Road Fund Office an Autonomous Agency – FrontPageAfrica

American parliament – Representative Tibelrosa Summon Tarponweh of Margibi Electoral District 1 has forwarded to the House of Representatives plenum a bill to repeal the current Office of the National Road Fund Act of 2016 and enact legislation to establish the Office of the National Roads Fund. administration of the Liberia National Road Fund.

In his Wednesday statement, Rep. Tarpokweh said the bill, when enacted, will make the proposed National Road Fund Administration an autonomous agency under the overall supervision and direction of its appointed board of trustees. president of Liberia.

The Margibi County District No. 1 Legislator affirmed that the management and practices of road funds in the African region are managed by autonomous institutions.

According to him, making the current National Road Fund Office an autonomous agency will help protect the revenue collected from oil importers.

“Ringoff or adequate protection of revenue generated from fuel taxes, direct deposits and remittances to the National Road Fund administration account will be required once enacted,” he said.

“Such protection will assure all Liberians of proper financial management and avoid the undue risk of losing sight of the main objective of the proposed administration of the National Road Fund. This is justified by the fact that it considerably increases the independence financial and program management system.

After the bill was read and debated, Sinoe County Rep. Sampson Wiah moved a motion to send the bill to the Public Works, Justice, and Ways, Means, and Finance Committees.

Recently, the Ministry of Finance and Development Planning has come under damning criticism for misappropriating nearly $25 million from the National Road Fund account for the payment of civil servants’ salaries.

The revelation of the unremitted US$25 million from an audit of the fund by the General Auditing Commission (GAC) for two fiscal years, July 1, 2018 to June 30, 2020, which observed that millions of dollars in oil taxes paid by motorists for the maintenance and rehabilitation of roads in Liberia were not used for their intended purpose.

The ministry’s action violates Chapter 2.2 of the Act establishing the National Roads Fund, whose source of revenue is levied on motorists to build and maintain roads across the county. The law states that “All NRF funds shall be held in the account of the Fund from which disbursement shall be made solely to finance the approved annual road maintenance expenditure program and directly related costs as required by the this law.”

However, appearing before the Minister for Legislature, Finance and Development Planning, Samuel Tweah justified the action of the ministry, saying that the government acted legally because the road fund is the government’s money and when it faces challenges it can decide how to solve them.

Minister Tweah cited dire economic conditions as a major factor that forced the government to use the US$25 million, which was earmarked for the NRF for a different government function.

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