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first_imgI learned something new about the circumstances surrounding our recent fuel debacle. It was Aminata, not Srimex (my apologies to Musa Bility) that was given the exclusive right by LPRC management to bring in 6,500 tons of diesel (equivalent to 2 million gallons, about 2 weeks’ consumption). All other importers were forbidden to bring in any product until Aminata’s had landed.  Problem is that Aminata’s cargo was supposed to have come in on January 10th. It is February 16th and no sign of that cargo. If TOTAL, the foreign importer that Musa Bility complains so much about, had not come to our rescue with a 7,000 ton cargo that is now discharging, the economic wellbeing and security of our nation would have been put at serious risk.To support his claim that I was in the pocket of foreign importers, Mr. Musa Bility asserted, on T. Max Jlateh’s radio talk show “50/50”, that local importers’ market share never exceeded 15 % while I was managing director of LPRC. As the table below shows, that assertion is patently false.Fig. 1 LPRC Gasoline & Diesel Import Statistics                 Liberian Importers       Foreign Importers         All ImportersYear      Thousand Gallons         %    Thousand Gallons    %    Thousand Gallons    %2005               5,169               12%         39,674               88%       44,843             100%2006             17,870               35%        33,295                65%       51,165             100%2007             20,719               39%        31,859                61%       52,578             100%2008             12,150               19%        52,327                81%       64,477             100%2009             21,080               35%        39,725                65%       60,805             100%2010             12,041               15%        65,859                85%       77,900             100%2011             19,039               23%        63,019                77%       82,058             100%I took over as managing director in January 2006 and left in September 2009. One can see that there was a dramatic increase in the market share of Liberian importers during my first year in office, from just 12% in 2005 to 35% in 2006. That growth continued into the next year, 2007. In fact, the market share of Liberian importers for gasoline was 50%. So much for the claim that I was in the pocket of the foreign importers.I achieved these dramatic results for Liberian importers without imposing any quotas or limiting the right of any importer to import. I simply helped Liberian importers in a number of non-discriminatory ways. I put in a good word for some with product suppliers and even arranged financing for one, unbeknownst to him. I simply told him, “You will receive a phone call from such and such company. They will extend credit to you.” I hooked the very Musa Bility up with a large Nigerian oil company, OANDO, but that relationship unfortunately went sour because of his unorthodox business practices.The market share of the 3 Liberian importers at the time dropped precipitously in 2008 because they did not take my advice. I warned them that the foreign importers would not take kindly to their eating their lunch and would likely come back strong. To counter that, I suggested that they form one giant company so they could more effectively compete. But instead of doing that, they got seduced by their new-found wealth and chose to “diversify” into new territory, businesses with which they were unfamiliar, a classic mistake of burgeoning Liberian entrepreneurs.I learned several decades ago from the legendary Liberian industrialist, Steve Tolbert, that if you diversify away from your core business into unknown territory without having the management infrastructure in place, you risk failure, and that is exactly what happened. As the price of crude oil escalated during the first and second quarters of 2008, reaching a peak of US$148/barrel, Siaka Turay (Aminata) decided he wanted to be a rice mogul, went to China and took a large position on rice, thinking the price would continue to rise. Bad move. The price dropped dramatically and he lost his shirt. The financing company backing him almost went bankrupt.Musa Bility (Srimex) wanted to be the cement king of Liberia. He similarly lost a ton of money. These costly mistakes impacted severely on their core business, petroleum importation, because they used their petroleum money to finance their forays into unchartered waters. They were unable to pay their petroleum vendors on time, the vendors started reducing the amount of credit they were willing to give them and the downward spiral took hold, such that by the end of 2008 their market share had dropped precipitously from a high of 39% to 19%.By 2011, the rot had set in. That’s when LPRC management decided to step in and set up the cartel of Aminata, Srimex and Conex (Cherif Abdallah) and to force foreign importers to buy through the cartel members, under the guise of “Liberianization”. If you deduct some 4.7 million gallons of product that MOTC was forced to buy from Srimex that year, the true market share of the Liberian importers in 2011 was 11%, not 23%, a level that was even lower than they had attained in 2005, the year before I took over at LPRC!             Mr. Bility would have us believe that the cozy monopoly that the Three Musketeers aka the Mandingo Mafia have arranged with LPRC Managing Director T. Nelson Williams to guarantee them healthy profits is good for us, the consuming public, because the monopolists are Liberian. Well, a monopoly is a monopoly is a monopoly, no matter the skin color of the monopolist. And we in this country know from bitter experience how harmful monopolies can be. Put another way, we know how beneficial to consumers free markets are. On the day Cellcom launched in 2004, the price of international calls dropped by 50% from US$1.00 per minute to 50cents. Sim cards that used to cost US$65.00 now cost as little as US$1.00. And the cell phone wars bombarding us on our airwaves have resulted in lower and lower toll rates.My wife and I are in the food service business (P. A’s RIBHOUSE). We have never asked the government to exclude anyone from the catering or restaurant business whether they are white people, brown people, yellow people, Lebanese, French, Italian, Chinese, Vai, Mandingo, Fulah, Mende, Gio, Mano, Gola, Kpelle, Kru, Krahn, Sapo, etc. We are willing to compete, to take our chances in the rough and tumble of the marketplace, where sometimes you win and sometimes you lose. The customer, not the government, should determine who prospers and who falls by the wayside. That is the essence of our free market system.Mr. Bility wants us to believe that a cartel of 3 Mandingo boys (out of total complement of 11 importers, including 7 Liberian importers) is a valid definition of “Liberianization”? Puhleeeaze! Had he told me that when I was MD at LPRC, I would have promptly revoked his importation license, created my own Bassa Mafia by collecting 3 boys from Kokoyah (my home), issuing them import licenses, arranging product supplies and financing for them, and regaling them as paragons of Liberianization virtue. What a crock! The current cartel of the Three Musketeers at LPRC has a bad smell to it. It lacks transparency, is corrupt by its very nature and should be done away with.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more


first_imgJudge A. Howard Matz is scheduled to sentence Rajlal on July25. “Obviously, we view him to be a threat to minors, and the offenses that he committed we think are serious. And for that reason, we’re going to suggest detention and a significant sentence to protect the public,” Garringer said. As part of the plea agreement, Rajlal admitted to the conduct involved in the other two charges that are being dropped. From July to December 2006, Rajlal chatted online with an FBI agent posing as a 13-year-old girl, according to the plea agreement. Rajlal sent messages encouraging the “girl” to meet him for sex, and he also used the Internet to send two sexually explicit images involving children, according to the agreement. Rajlal, who was arrested in December but is free on $500,000 bail, said in court that he is an oil and gas consultant, Garringer said. The FBI has task forces like the one that nabbed Rajlal in every major metropolitan area in the country, FBI spokeswoman Laura Eimiller said. “Unfortunately, these kinds of cases are very common, and hopefully today’s plea serves as at least a deterrent,” she said. alex.dobuzinskis@dailynews.com (661) 257-5253 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! A Sand Canyon man pleaded guilty Wednesday to distribution of child pornography in connection with his arrest last year in an FBI Internet sting. Christopher Rajlal, 52, entered his guilty plea in federal court. He faces at least five years in prison. As part of the plea agreement, federal prosecutors will drop charges of attempted enticement of a minor and possession of child pornography, Assistant U.S. Attorney Scott Garringer said. Rajlal – who was arrested last year and charged with using the Internet to try to lure a child for sex – is a first-time offender, Garringer said. last_img read more


first_imgMoyle N.S. P.T.A. are holding their annual 5k Fun Walk/Fun Run tomorrow night, Thursday 29th May 2014 at 6.30pm. Cost is €5 for adults and kids go free. There will be light refreshments served afterwards and an ice-cream van for young and old to enjoy!! The walk will leave the school grounds and head off around a beautiful scenic route near the school. Everyone is welcome to come along and join in.The school will also be holding their annual ‘Get Fit, Get Healthy’ Week from the 26th -29th May so the walk/run will coincide with this.This is a week of sports and healthy eating for everyone in the school and will help in the schools effort to gain its second Active Flag.The school were very proud to be only the second school in Inishowen to raise their first Active Flag in 2010, and it was made even more special when Irish Badminton Olympian Chloe Magee did the honours. For those who may not be familiar with Moyle N.S., it as a rural, four teacher school on the outskirts of Newtowncunningham situated half a mile along the Moyle Road.It is a very well resourced school and there are lots of extra circular activities on offer though out school year including swimming, organic gardening, cooking, sports coaching, drama and trips.The school held an Easter Egg-xtravaganza this year to help raise funds towards transport costs for their trip to see the musical ‘Shrek’ in the Bord Gais Theatre this October.School transport is available from the Newtowncunningham, Burt and Manorcunningham areas.The pupils are looking forward to a visit of the Six Nations Rugby trophy to the school next week as it takes a tour around the Ulster province and later in the month some of the classes will be participating in Pedal Right, an educational and safe cycling practices programme.During the summer months a number of the pupils cycle to school under the supervision of their parents. Moyle N.S. is still enrolling for September 2014 for children of all backgrounds and faiths.Anyone who would like to come and visit the school and see what we have to offer can arrange an appointment by contacting the office on 074 9156192.You can also have a look at the great work and achievements of our pupils by checking out the school website at www.moylens.scoilnet.ie.MOYLE NATIONAL SCHOOL TO HOST 5K FUN RUN TOMORROW EVENING was last modified: May 28th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:5kFeaturesFun/RunMoyle N.S.NoticesSportlast_img read more


first_imgPatsy in Moscow with gold medal winner Rob HeffernanHE spent last week mentoring Ireland’s best athletes at the World Championships in Moscow.He even had a chat with Usain Bolt about his forthcoming trip to County Donegal.But Finn Valley’s Patsy McGonagle admitted he couldn’t wait to get home….to see a 40-year dream of a swimming pool in the Twin Towns realised. The facility is an extension of what had currently been developed over some 30 years on the site in Stranorlar and now boosts a 25m pool, a training pool, Cryotheraphy area, Fitness suite, Multi purpose area and extensive changing including dedicated family and disabled areas.Prior to this and current on site were 4 Astro pitches,Hall,400m track with soccer infield, rugby pitch, Bar area, Kitchen facilities, Office accommodation and a 1k grass jogging trail.Within the last month two additional projects have begun which include development of another playing field and an extension to include enhanced kitchen and dining, conference room and Board room with both projects due for completion November.Said the Club Chairman Patsy: “Thoughts of getting home to see the pool opened were running through my head all week. I couldn’t wait to get back even though I knew what it looked like. “I must pay tribute to our club members who had worked with me on the project both recently and previously people such as Sean Carlin Conor Mc Gonagle, Neil Martin, Ann Marie Mc Geehin ,Bridgeen Doherty and in the early days Patsy Mc Ginley and Peader Mc Granaghan without whom this exciting development could not have been delivered.“I also want to thank the county council’s Paul Kilcoyne who led from that side and worked extremely capably on a daily basis to conclusion.”For current paid up members of Finn Valley ac that are interested in gym/swim 3 month,6 month or 1 year membership a discount exists.A full and comprehensive roll out of swim related and general fitness programmes kicks off next week and with the return of children to school the opportunity to include swimming on their physical education programme.Stunning: The new pool at Finn Valley Sports Centre  McGONAGLE RETURNS FROM MOSCOW TO SEE 40-YEAR SWIMMING POOL DREAM was last modified: August 20th, 2013 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:finn valley poolpatsy mcgonaglelast_img read more


first_imgIndependent candidate, Kilmacrennan man John O’Donnell, is hoping to start a new chapter in the O’Donnell political legacy in Donegal after next Friday’s elections. Independent candidate John O’Donnell, wants to continue the political legacy, started by his late father Eddie O’Donnell. (Pictured)It’s almost 30 years since John’s late father, Councillor Eddie O’Donnell, was first elected on an Independent Fianna Fail ticket.His sudden death in June 1993 left a huge void in the political landscape and saw John’s mother Anne co-opted to Donegal County Council to serve on all of her late husband’s committees. Running as an Independent, John O’Donnell is now hoping to follow in his father’s footsteps and the Kilmacrennan man is grateful to the electorate for the warm welcome shown to him on the campaign trail.Speaking to the Donegal Daily, O’Donnell said, “I knew this election would require a lot of work but that didn’t faze me one bit because I’m used to hard work.“What I didn’t anticipate is the groundswell of goodwill and respect that people still have for my father.“Over the years, I often heard people speak about the great man that he was, and these sentiments have been repeated time and again during this election campaign. “I’ve enjoyed hearing stories on the doorsteps of the many ways that he delivered for his local community.It’s given O’Donnell, a true appreciation of all the work he did and the impact he had on people, and it’s inspired him even more to strive to deliver for the local community in the same way his father did. O’Donnell’s arrival on the political scene has also brought local people on a trip down memory lane.Ramelton woman Susan Hanlon said, “When John O’Donnell came canvassing at my house last week, it was like going back in time.“I remember his father Eddie O’Donnell sitting in this house promising to help improve our local road and more importantly, delivering on that promise. “Eddie O’Donnell was good for all creeds and class of people and John has inherited all of those qualities.“He’s so like his late father and I know Eddie would be very proud of him, she added.Local politics is not the first time that the 33 year old has followed in his father’s footsteps.Several years ago, O’Donnell set his sights on re-invigorating K & F Superwools, the business Eddie started in the early 1980’s. Travelling to China in 2011, O’Donnell sourced a contact that would purchase wool at a top price, which in turn meant that he could pass on the benefit to farmers by paying them top prices for their wool.O’Donnell has grown the business nationwide and currently employs a team of people around the country.One of the reasons he’s running in the local elections is because he believes more can be done to support businesses in the county.His strong political heritage is one of many attributes that some people believe sets O’Donnell apart from a sea of Independents in this campaign.There can be no doubt that growing up, O’Donnell learned everything he needs to know about serving his local community from watching his parents do exactly that.O’Donnell is convinced that more can, and should be done at a local level.O’Donnell added, “I believe successive governments have neglected the backbone of our country – hard working families, SME’s and farming communities.“The absolute neglect shown to the sick, elderly and more vulnerable in society is shameful.“The constant need to prioritise Europe over our own people is ruining the fabric of our society and has forced a generation of young people to emigrate.According to O’Donnell, the people of Donegal need a strong, independent voice to represent them at a local level and he wants to be that voice.O’Donnell’s vision for Donegal centres around a six point plan to create a viable future for farmers, facilitate business and entrepreneurship, protect people and services, develop tourism and infrastructure, restore and renew communities and empower young people through education, training and employment.O’Donnell is under no illusions that he has big shoes to fill and, if anything, his election experience has only reinforced that.However, working together with the people of Donegal, he’s determined to build on the legacy started by his father, Eddie O’Donnell close to thirty years ago.ELECTION 2014: JOHN O’DONNELL HOPING TO FOLLOW IN HIS FATHER’S FOOTSTEPS was last modified: May 16th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Election 2014:John O’DonnellnewsPoliticslast_img read more


first_imgBrian McCormick of Brian McCormick Sports and Leisure with chairman of the Northwest 10K James Boyle and Stephen Maguire of Donegal Daily at last night’s launch.They have become one of the highlights for those taking part in the North West 10K.And this year’s 10K t-shirts are probably the best yet!More than 2,000 of the shirts, which were unveiled last night, will be given away free for those who enter this year’s race which takes place in Letterkenny on the May Bank Holiday weekend. Once again Donegal Daily and Brian McCormick Sports and Leisure have come together to sponsor the event.The co-sponsors along with the four charities including the Donegal branch of the Downes Syndrome Association, Blood Bikes North-West, the Donegal Youth Service and MS Donegal attended last night’s launch.Brian McCormick said he was delighted to be once again associated with Donegal’s biggest charity race event.Editor of Donegal, Stephen Maguire, said the event continues to capture the community spirit of Donegal. “We are delighted once again to be sponsoring the Northwest 10K. We are a community-based company and there is no greater community event than the Northwest 10k.“The Northwest 10K is about the community of Donegal helping their own charities and that is something that we are fully behind,” he said.Representatives from the four chosen charities along with NW 10K chairman James Boyle at last night’s launch.  DONEGAL DAILY AND BRIAN McCORMICK SPORTS LAUNCH NW 10K T-SHIRT was last modified: April 9th, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Brian McCormick Sports and LeisuredonegalDonegal DailylaunchNorthwest 10KT-SHIRTlast_img read more


first_imgThe Moville to Gleneely Road will be closed on Friday, July 5 from 7am to 7pm. Donegal County Council announced the closure for essential repair works from Noone’s Bridge (Mogglass Bridge) to its junction with the Gulladoo Road at Moville.Motorists are advised to follow diversions from Moville to Quigley’s Point via Carndonagh and Gleneely. Travel Alert: Planned road closure in Inishowen this week was last modified: June 30th, 2019 by Shaun KeenanShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more


first_imgWith a 3-1 lead in the top of the seventh inning Jada Bailey made a brilliant catch in center-field to keep one, perhaps potentially two, runs off the board and the No. 2 seeded McKinleyville High softball team earned a chance to win its first section title since 1988 after beating No. 3 Cardinal Newman 3-1 in the semifinal round of the North Coast Section D-IV playoffs, Friday night at McKinleyville High school.“Just when I think this team cannot impress me anymore, they do it again,” …last_img


first_imgIf tuna fever was a real virus, there’d be a lot of ailing anglers in Humboldt County. The madness started back at the beginning of August, and except for a few days of rough water, hasn’t slowed down. The combination of flat ocean conditions and easily accessible water has stuck around longer than anyone would have ever imagined. And it’s worth mentioning that the warm water is stuffed with tuna. The warm water doesn’t look like it’s moving out of reach anytime soon either. As the water moves …last_img


first_imgShare Facebook Twitter Google + LinkedIn Pinterest In this “Between The Rows” farm showcase powered by Seed Consultants, meet Dylan Baer of Wood County.last_img