… Plan meant to reposition the Ministry
By: Richard Manuba | Ministry of Mines &Energy PR Section
Monrovia, Liberia |Jan. 2, 2026 | The Government of Liberia says it is positioning the mining and energy sector to generate more than US$3 billion in revenue, following the rollout of the Ministry of Mines and Energy’s (MME) Five-Year Strategic Plan for 2025–2029, a policy document aimed at modernizing the sector and transforming it into a major pillar of national economic growth.
The strategic plan was officially launched at a high-level ceremony attended by senior government officials, Members of the National Legislature, development partners, and representatives of Liberia’s extractive industries.
The document outlines reforms intended to strengthen governance, expand domestic revenue, improve transparency, and ensure that Liberia’s natural resources deliver meaningful benefits to citizens.
Speaking at the launch, Minister of Mines and Energy, R. Matenokay Tingban, acknowledged that while strategic planning is essential, effective implementation will determine whether the sector achieves its full potential.
“Planning is important, but the challenge of implementing scrupulously will always be the biggest hurdle we must overcome,” Minister Tingban said. “The mines and energy sector can contribute significantly to our national budget to appreciable levels beyond three billion dollars if we invest in areas where returns will be highest.”
Minister Tingban emphasized that Liberia must move beyond a narrow focus on royalties and instead pursue equity participation in extractive ventures.
He noted that strengthening national capacity to explore, research, and develop credible geological data will be critical to attracting responsible investment and maximizing returns.
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