As Gambians continue to spend more cash on cement, the Cement Importers and Agents Association of The Gambia has given the assurance that it would anchor cement prices down to acceptable levels if the exorbitant cement tariff is removed. Currently, a bag of cement is being sold in parts of[Read More…]
Tag: Economy
Haji Baniko’s Sisoho Oil Increases HFO Premium For NAWEC From US$25 To US$95
The Sisoho Oil Enterprise, owned by key NPP figure and financier Haji Baniko Sisoho, has increased the premium of Heavy Duty Oil (HFO) it supplies NAWEC by US$70 per metric ton, JollofNews has gathered. In 2017, NAWEC floated a public tender for the supply of HFO, and Jah Oil, Tech[Read More…]
Hagi Baniko Denies Role In NAWEC Vehicle Deal, Rejects JollofNews Report
Prominent Gambian businessman and proprietor of Sisoho Oil Enterprise, Mr. Hagi Baniko Sisoho, has strongly refuted allegations published in JollofNews on 17th July 2025, linking him to a controversial D91 million vehicle procurement deal involving the National Water and Electricity Company (NAWEC). In a press statement released Wednesday, Mr. Sisoho[Read More…]