Today the Sierra Leone National Carrier (SLNC) is expected to be launched at the Miatta Conference Hall by President Ernest Bai Koroma.
In a Press Briefing yesterday, the General Manager of the SLNC at their Head Office at Aberdeen in Freetown, Rulle Bamie Turay said that the official launch of the company’s project will take place today, and their operations will focus on allowing Sierra Leoneans to participate in the seaborne transportation of their natural resources.
Over the years, he said, Sierra Leone has received little or no economic benefit from the seaborne transportation of its natural resources.
Turay said that as a result of this, the country has not benefitted from taxes paid by offshore shipping companies and not much revenue is accrued to the country, which in turn affects the employment level with special regards to youth employment which forms 60% of the population.
According to him, the country’s economy partly depends on the import and export of goods and services. Since there was low dividend in the revenue collection from this import and export delivery services, it is expected that with the operation of SLNC in the country, in the next five years, the importation of goods and services is expected to increase from 800,000 tons to approximately 1.5 million tons every year and the current rate of exported products which is about 15 million tons is expected to increase to 50 million tons within the same period.