- Gov't to lease Komenda Sugar Factory to Indian firm for 15-20 years.
- Parliament unaware of decision, says Yusif Sulemana.
- Factory has faced operational challenges despite investments.
- Sulemana demands Trade Minister's explanation on lease.
The Ranking Member on the Trade and Industry Committee of Parliament, Yusif Sulemana, has expressed concerns over the government’s alleged plans to lease the Komenda Sugar Factory to an Indian-based firm. The firm, West Africa Agro Limited, is expected to take over the factory for 15 to 20 years, with options for renewal.
The Minister of Trade and Industry, Kobina Tahiru Hammond, announced the plans during a recent tour of the factory, which is currently undergoing a test run. The government claims that the move aims to revive the factory’s operations to meet domestic demand for sugar.
However, Sulemana argues that Parliament has not been informed of this decision and demands that the Trade Minister be summoned to answer questions. He emphasizes that the Komenda Sugar Factory’s objectives have not been met under the current government, and Parliament must be informed of any decisions regarding its operations.
The factory has faced operational challenges, including a halt in production, despite investments from the Indian Export-Import Bank and the previous NDC government. Sulemana asserts that the lease agreement raises questions about the government’s commitment to supporting local industries and creating jobs.
Since Parliament is in recess, Sulemana intends to release a statement to question the Trade Minister on the lease and seek clarity on the government’s plans. The controversy surrounding the Komenda Sugar Factory highlights the need for transparency and accountability in government decision-making, particularly when it comes to strategic national assets.
