GPA Pays D170M Dividend to Government

Ebrima S. Jallow

The Management and Board of Directors of Gambia Ports Authority on Friday, August 19th, 2022 presented a cheque for one hundred and seventy million Dalasis (D170M) to the Minister of Finance and Economic Affairs, Hon. Seedy K.M. Keita, as dividend payment to the government.

The Gambia Ports Authority is one of the most regular State-Owned Enterprises (SOEs) honouring its obligation of dividend payment to the government.

The presentation came four months after their last presentation of D95 million on May 23rd, 2022.

 Minister keita hailed the management and Board for the commitment to their obligation to government.

He used the opportunity to urge other SOEs to emulate the good leadership and commitment of the Gambia Ports Authority in ensuring that their obligations to the government are respected and honored.

In enhancing socio-economic and infrastructural development, Finance Minster Keita further advised that dividend payment is one of the primary obligations of SOEs to governitoria