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Subject:
From:
Joe Sambou <[log in to unmask]>
Reply To:
The Gambia and related-issues mailing list <[log in to unmask]>
Date:
Wed, 20 Oct 2004 15:58:02 +0000
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Folks, Jammeh is the Gambian Mobutu.  Jammeh has more cash reserves than the
entire Gambian economy.  He is also to Gambia what the Saudi Family is to
Saudi Arabians.  Now he calls himself flooding the market with rice.
Inquiring minds want to know, who owns the new sugar bagging plant, Yaya or
Mr. Gaye?  Mr. Gaye is paraded alright, but is he the owner or a front?
Remember, YDE?  So when we say that Yaya is a thief, I wonder why some
Gambians demand proof from us, when the proof is right in their face.  This
character could not even treat his mouth sores just a decade ago, but has
since stole us dry and is flaunting it right in our eyes.  Nothing that Yaya
has or does is justified by his salary.  You heard him:

"if prices for basic commodities remain high he would flood the market with
goods to teach unscrupulous businesspeople in the country a lesson."

Where did you get the money you're spending Tony?  From your rich uncle?
Please read on.



Jammeh Warns Business Profiteers


Gambia Daily News (Banjul)

October 20, 2004
Posted to the web October 20, 2004

Momodou Trawally


PRESIDENT Yahya Jammeh has asked members of the business community engaged
in profiteering to put an end to the prevailing high prices for essential
commodities such as rice, flour, meat and bread. He warned that if prices
for basic commodities remain high he would flood the market with goods to
teach unscrupulous businesspeople in the country a lesson.

The President was speaking on Wednesday at the Gambia Ports Authority where
he received a consignment of 300,000 bags of rice imported from Burma. The
rice bags were marked 'APRC Operation No Compromise'. The Head of State also
commissioned a sugar bagging plant located at the GPA bonded warehouse
complex at Half-Die in Banjul. The plant has a capacity to produce 1,200
bags of sugar per hour.

According to the new plant's proprietor Lamin Gaye of L.B Gaye and Sons, the
new facility would ensure a steady supply of sugar in the local market,
reduce foreign exchange out-flows and create employment opportunities for
Gambians.

Concerning the sugar bagging plant, the President assured the proprietor,
Lamin Gaye, of the government's support, and expressed optimism that the
project would contribute a great deal toward reducing the cost of sugar in
the local market.

President Jammeh thanked Gaye for being the first Gambian to respond to his
call for the business community in The Gambia to move from warehouse
business to value added operations.

Speaking earlier, the managing director of the Gambia Ports Authority, Adama
Deen, said the sugar re-bagging plant in GPA's bonded warehouses complex is
the first of its kind in The Gambia, and is intended to reduce the cost of
sugar, making the product available and affordable to the Gambian people.

Relevant Links

West Africa
Commodities
Crime and Corruption
Food, Agriculture and Rural Issues
Gambia
Economy, Business and Finance



The bonded warehouse complex was commissioned by President Jammeh in 1999,
Deen said, and that the D23 million project serves as a test for the
government-initiated Trade Gateway Project aimed at making the country
competitive for export-oriented investment. The three bonded warehouses have
a total area of 8550m2 and have a capacity to handle more than 2000 tonnes.

In a brief speech, the Secretary of State for Trade, Industry and
Employment, Edward Singhatey, revealed that another 300,000 bags of rice are
expected to arrive in the country.

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