AWARENESS TIMES
Sierra Leone News & Information

State House | Press Union | Lumley Beach | AllAfrica | SL-Web

www.awarenesstimes.com

  Giving Knowledge to the People
welcome to sierra leone's premier news source
Last Updated: Feb 20th, 2016 - 11:30:47 
Front Page 
 
 NEWS
 Breaking News
 Local News
 Politics
 Photo News
 Video News
 
 EDITORIALS
 
 FROM OUR TEAM
 
 COMMENTS & OPINIONS
 Moiie's Column
 
 SPECIAL REPORTS
 Afsatu Kabba
 
 FEATURES
 
 ENTERTAINMENT
 
 PROFILES
 Role Models
 Awareness Lady
 Common Man
 
 THE ECONOMY
 
 NOTICES & DOCUMENTS
 Special Messages
 Legal Matters
 Obituaries
 
 PAID SUPPLEMENTS
 
 ADVERTISEMENTS
 
 SATIRE
Search


Published online by
Sylvia Blyden Dot Com

17 Garrison Street,
Freetown,
Sierra Leone.
Tel: +232-77-772001
Tel: +232-88-321000
Tel: +232-76-350077
Tel: +232-30-321001
Email:
editor@news.sl
Website:
www.awarenesstimes.com

NEWS : Local News  

Sierra Leone News : As World Bank Pours in $4 Million Dollars into Fisheries Sector… President Koroma strengthens confidence of development partners
By John Baimba Sesay and Sheriff Mahmud Ismail
Feb 19, 2016, 17:10
Email this article
 Printer friendly page

A recent news release by State House Communication Unit disclosed that President Koroma last week Friday 12th February 2016 was presented at State House with an inquiry report on what the release describes as the “failed West Africa Regional Fisheries Programme (WARFP)…” Although the release did not spell out what led to the failure of the project, observers say the problems include low capacity of the project management team, inadequate supervision and integrity issues.

The inquiry has therefore been applauded by many as timely and a worthy demonstration of the Government’s determination to ensure accountability for any wrongdoings.

The release by the State House Communication could not have been more apt: the President “assured that the report will be looked at closely and recommendations thereof will be implemented to the fullest.” and this includes the involvement of the Anti Corruption Commission.

This proactive and decisive move by the presidency in dealing with the problems of WARFP-SL has no doubt strengthened the relationship between the World Bank (which funds the project) and the government of Sierra Leone much as it has restored the Bank’s confidence in investing in the country’s fisheries sector.

While recommendations from the inquiry were being looked into, just last week the World Bank announced that it will provide $4 million for a new fisheries project.

Analysts say the World Bank’s decision did not come as a surprise. The World Bank supports over 15 active projects in the country with a portfolio of over $450 million. Therefore the failure of just one project should not be over dramatised or sour relations between the Bank and its client.

Sierra Leone’s 300 kilometer long coastline has an impressive continental shelf which benefits from the country’s many rivers and huge amount of rainfall. These factors have contributed to Sierra Leone’s rich marine fisheries which include shrimp, lobsters and a colourful variety of fish like cuttlefish, snapper, grouper, catfish, herrings, tuna and baracuda. All of these species have well established global markets with high prices. But analysts say Sierra Leone’s marine investments potential has largely been untapped.

Even under the current circumstance, the fisheries sector is believed to be contributing about 10% to the country’s GDP, providing employment for an estimated 100,000 people directly and, indirectly for about 500, 000 people. This represents about 10% of the country’s population. Coastal areas like Bonthe, Shenge, and Tombo etc- are predominantly fishing communities with about 25% of the male population of working age reported to be involved in part-time or full time fishing. This speaks volume of how crucial the sector is to the country’s growth.

Sadly, the economic reality and investment potential of the fisheries sector has been fraught with its own unique challenges. Destructive fishing gears and inshore shrimps trawling practices as well as nets with tiny mesh sizes are damaging susceptible nursing grounds and capturing baby fish.

Besides, fish products from Sierra Leone are not certified to be sold in the European fish market owing to issues relating to standards and institutional capacity such as landing sites with basic infrastructure for prevention of fish product contamination. This limited the country’s participation in international fish trade and undercut the revenue potential of the sector.

Illegal fishing and lack of value addition are also major setbacks, as major catch by industrial vessels gets trans-shipped at sea for export.

By 2011, the Government of Sierra Leone, desirous to strengthen the management of its marine resources, sought the support of the World Bank to reform the country’s fisheries governance. The World Bank intervention came through a US$ 28 million to project which was part of the West African Regional Fisheries Programme-WARFP-SL. WARFP covers Senegal, Liberia, Sierra Leone and Cape Verde.

In Sierra Leone, the major objectives of the programme were to strengthen the capacity of the country to effectively manage its fisheries, reduce illegal fishing and increase local value addition.

To achieve these objectives within a five year period, the project was to establish a number of Territorial Use Rights Fisheries (TURFs) in targeted coastal fisheries; establish clear principles and policies aimed at increasing the wealth from fisheries by strengthening rights of fishing communities and the equitable allocation of these rights, strengthen and modernize the overall regulatory framework for industrial fishing, establish a certified public laboratory and competent sanitary authority to facilitate the process of gaining access to the international fish market.

Artisanal fishing communities were to be targeted by supporting full registration and licensing of all fishing vessels and fishing gears in use. Also, fishing communities were to empowerrd to co-manage their marine resources through the introduction of Marine Protected Areas (MPAs) that would have evolved into the Territorial User Rights Fisheries (TURFs).

To reduce illegal, unregulated and unreported fishing, the project was to strengthen the sector’s Monitoring, Control and Surveillance (MCS) systems to ensure industrial fishing operations are carried out within the provisions of the country’s laws.

These reforms were expected to result in an increase in the contribution of the marine fish resources to the local economy, increase the economic profitability and environmental sustainability of the fisheries resources in Sierra Leone.

Illegal fishing alone accounts for an estimated $30 million revenue loss annually for the country which authorities say ‘’is totally unacceptable to the government.”

Clearly, WARFP-SL was supposed to have been a vital boost to Sierra Leone’s economy. But even before the end of its five years of operation, the project which was designed to improve the management of the country’s fisheries had crumbled under its own management problems.

There are high hopes that the new project will succeed given the stringent administrative actions being taken and the experiences it would draw from its predecessor.


© Copyright by Awareness Times Newspaper in Freetown, Sierra Leone.

Top of Page

Latest Headlines
NEWS
Sierra Leone News : Social Welfare Saves 7 Year old from Bombali Soweis
President Koroma Signs Six Cooperation Agreements with China
Sierra Leone News : 20 years Old Guy Sent to High Court for Sexual Penetration
EDITORIALS
Sierra Leone: Why Always Port Loko? Why? Why?
$200,000 AFCOM Scandal: Why VP Foh Must Be Very Careful
Front Page Editorial Advise... Tiffy Tiffy AFCOM's $200,000 Fake VSAT Contract & Hon VP Foh
FROM OUR TEAM
Sierra Leone: Unwrapping Yasmin Jusu Sheriff
COMMENTS & OPINIONS
Why is PEC Deceiving Public?Trumpeting Deceit and Propaganda against EDSA and the Energy Ministry is Distasteful.
Sylvia Blyden: An Untouchable Enigma
RENAISSANCE MOVEMENT AND THE SLPP: the familiar hidden hand of a political mission
SPECIAL REPORTS
Sierra Leone Cabinet Minister Calls On Police to Investigate Conspiracy to Defraud Donor Funds
FEATURES
Sierra Leone Social Welfare Deputy Calls Up Bizarre Press Conference
Who is Theresa May: A Profile of UK's New Female Prime Minister
Quotable Quote: Kamarainba on Dr. Sylvia Blyden
ENTERTAINMENT
No articles available.
PROFILES
OJU Wilson - Your contribution to the Human Rights Struggle and the Rule of Law will never be forgotten
Sierra Leone Politics : Alhaji Osman Foday Yansaneh, a Muslim Steering an all-inclusive APC Secretariat
TRIBUTE TO DR. V R WILLOUGHBY
THE ECONOMY
No articles available.
NOTICES & DOCUMENTS
It gives us immense pride to announce that our co-founder and Chief Technology Officer, Salton Massally, has been selected as a Queen’s Young Leader for 2017!
Happy Birthday to you Pastor Christie
THE BANK OF SIERRA LEONE RAMPS UP FINANCIAL INCLUSION
PAID SUPPLEMENTS
No articles available.
ADVERTISEMENTS
No articles available.
SATIRE
RETRACTION!!

Copyright © 2005 - 2010, Awareness Times Sierra Leone; All Rights Reserved.
Hosted & Designed by West Africa Dot Net