The Union of Diamond and Gold Brokers of Liberia have extolled Mines and Energy Minister, Wilmot Paye, for what they described as his Transformative Efforts aimed at improving the mining sector of Liberia.
In a statement released over the weekend, the organization said after a careful review of administrative and operational activities of the new leadership of the Ministry, they are convinced that steps taken thus far are in the right direction of reforms crucially needed to ensure that the mineral sector is and remains a strong engine of revenue generation.
The union, through its Chairman, Omaru A. Sangary, said they have observed that actions taken by Minister Wilmot Paye, particularly the proposed reduction in license fees in their business aspect of the mineral sector is highly commendable.
Sangary intoned that their positive impression is not only because the fees were proposed for reduction, but noted that when the process is concluded and new fees finally go into effect, such move will promote an open playing field for more participation of Liberians in mineral brokerage.
Chairman Sangary also stated that when more interests are expressed in obtaining Brokers License, the Liberian revenue envelope stands a better chance of increment from scaled up tax collection.
He further believes that making Brokers License easily obtainable to interested business people benefits the country by discouraging illegal activities in the mineral sector, which Mr. Sangary termed as a serious challenge.
The Union Chairman then called on his members to augment efforts by the Wilmot Paye-led team of administrators at the Ministry by making use of the new license fees and keep their businesses actively compliant with laws and regulations governing the mineral sector.
Sangary briefly touched on his administration’s orderly organizing of the February 27, 2025, prayer and reconciliation program during which he said they felt impressed by the boldness and patriotism exhibited by Minister Paye in his brief remarks whilst honoring their invitation.
He expressed his hope that such in-person interaction with Minister Paye, and members and officials of the Diamond, and Gold Brokers Union charts a new course of cooperation and support in many ways intended to keep the mineral sector vibrant.
Sangary at the same time extolled the improvement of the Ministry, including office facilities of the mineral Ministry restores investors’ confidence and properly positions the Ministry as a serious business [Mineral] sector regulator.
“For such a very big first of its kind renovation exercise that has made important business transaction office facilities of the Mines and Energy Ministry look respected, we commend Minister Wilmot Paye and assure him that we the Brokers are here to also respect the law and do business with the government legally,” he added.
