The Ranking Member on the Trade and Industry Committee of Parliament and Member of Parliament for Bole Bamboi, Yusif Sulemana, has raised concerns about the government’s alleged intention to lease the Komenda Sugar Factory to an Indian-based firm, West Africa Agro Limited, for 15 to 20 years.
The factory is currently undergoing a test run in preparation for full production.
During a recent tour, Minister of Trade and Industry, Kobina Tahiru Hammond, announced that the government is prepared to lease the factory to West Africa Agro Limited for up to 20 years, with renewal options.
The government claims the move aims to revive the company’s operations to meet domestic demand.
The Komenda Sugar Development Company Limited, established in 1964, has faced operational challenges, including a halt in production.
Despite investments from the Indian Export-Import Bank and the previous NDC government, the factory has yet to achieve its objectives.
But speaking in an interview on Citi FM, Mr. Sulemana said Parliament has not been informed of this decision and demanded that Trade Minister K.T. Hammond be summoned to answer questions.
However, since Parliament is in recess, Mr. Sulemana disclosed that he intends to release a statement questioning the Trade Minister on the lease.
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