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…]
Tag: Economy
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…]
Documents ‘Link’ Ruling Party Executive Haji Baniko To Suspected D91M Dubious Vehicle Transaction
JollofNews has seen documents that reportedly linked NPP executive Haji Baniko Sisoho to a suspected D91M dubious vehicle deal. Haji Baniko Sisokho is an influential member of the National People’s Party and is one of the ruling party financiers. The businessman is also close to the Gambian leader, occupying a[Read More…]
CG Darboe Says Senegal/Gambia Customs’ Collaboration Strategic Imperative For Shared Prosperity
The Commissioner General of the Gambia Revenue Authority (GRA), Hon. Yankuba Darboe, has emphasised that the collaboration between the Gambia’s main revenue mobilisation agency and Senegal’s customs administration is not only a necessity and “a strategic imperative for the prosperity” of the two nations, but the wider West Africa sub-region.[Read More…]
Gambia, Senegal Customs Officials Hold Bilateral Talks To Bolster Trade & Security Cooperation
Customs authorities from The Gambia and Senegal began a two-day technical meeting in Kotu on Tuesday, aiming to deepen cross-border cooperation and build on past commitments to improve trade facilitation and regional security. The meeting, hosted at a local hotel, brought together senior customs officials and technical experts from both[Read More…]
Ex-BCC Finance Director Alleges Irregularities, “Powerlessness” In Council Operations
Momodou Camara, former Director of Finance at the Banjul City Council (BCC), returned to the witness stand Tuesday before the Local Government Commission, expanding on claims of financial irregularities and dysfunction within the council during his tenure. Facing detailed questions from Lead Counsel Patrick Gomez, Camara alleged that several payments[Read More…]
Gambia To Launch New Medical School With Support From Islamic Development Bank
The Islamic Development Bank (IsDB) has approved $32.2 million to fund the creation of the School of Medicine and Allied Health Sciences at the University of The Gambia, in a major boost for the country’s struggling health sector. The funding is part of a wider $297 million package approved for[Read More…]
Gambia Gov’t To Regulate Hajj, Curb Profit-Driven Practices
Gambia’s Minister for Local Government, Lands and Religious Affairs, Ahmad NK Bah, has announced that the government is finalizing national Hajj policy aimed at regulating the pilgrimage to Mecca and shielding pilgrims from exploitation. Speaking Friday evening at the Mansa Kunda Ministerial Town-Hall held at the Sir Dawda Kairaba Jawara[Read More…]
Gambia Joins African Efforts To Tackle Debt Crisis
The Gambia and several other African countries are stepping up efforts to better manage their national debts as part of wider reforms to foster economic stability, inclusive growth, and long-term development. At a recent week-long regional training in Accra, Ghana, organised by the African Development Institute under the African Development[Read More…]
Gambia Gov’t Maintains Fertilizer Price At D1100
Despite last year’s poor performance of the groundnut crop, The Gambia government has maintained the retail price of a bag of fertilizer at D1100. Also last year, fertilizer was sold to groundnut farmers at D1100, but yields dropped significantly, hugely affecting their income statuses. Many peanut farmers rely heavily on[Read More…]