An official website of the Republic of Sierra Leone Government

Branches of the Government: Executive | Legislative | Judicial

Public Sector Reform Unit (PSRU)

PSRU Meets with Senior Management of the Investment Sectors on the Conduct of a MFR

Add Your Heading Text Here

Wesley Street- Freetown 18th Match 2024: The Public Sector Reform Unit, PSRU, in a meeting held on Monday 18th March 2024, informed senior Management of SLIEPA, Corporate Affairs Commission (CAC), Public Private Partnership (PPP) and Office of Administrator and Registrar General (OARG) about the Management and Functional Review (MFR) that will be conducted for the operationalization of the National Investment Board (NIB).

The Director of PSRU, Mr Sulaiman Phoray-Musa said the purpose for conducting the MFR is to create a lean and workable structure for the NIB to be able to thrive and achieve its mandate and also to reduce the burden on the wage bill.

He said, four institutions will be collapsed into one to make way for the NIB with the purpose of having a one stop shop for doing business in Sierra Leone. “We want to create a platform for the ease of doing business so as to attract more investors into the country”, he said.

Mr Phoray-Musa explained the processes and methodology that would be involved during the exercise pointing out that the procedure would be fair and transparent for the good of the country.

The Executive Director for NIB, Dr. Edward Hinga Sandy, said, the MFR wiould lay the framework for the effective functioning of the Board, stating that the four institutions that would be affected would have to transfer their assets to the newly established National Investment Board for their operations.