By Seedy Jobe
President Adama Barrow on Wednesday, January 14, 2026, commended the State-Owned Enterprises (SOEs) Commission for its efforts to improve the performance of public enterprises, noting that the reforms have yielded positive results despite resistance to change.
The President made the remarks after receiving the SOEs Commission’s 2025 Annual Performance Report, which recorded a significant reduction in losses exceeding one billion dalasis, alongside government investments of more than two billion dalasis in strategic sectors, including food and energy security.
“Despite resistance to change, the Commission’s work has had a positive impact on SOEs,” President Barrow said, underscoring the importance of effective oversight and reaffirming his government’s commitment to supporting the Commission’s mandate.
He stressed the need for state-owned enterprises to transition from being a fiscal burden to becoming profitable and sustainable entities. In this regard, he praised the Commission and its Secretariat for strengthening oversight and improving performance across the sector.
President Barrow further highlighted that improved SOE performance enhances the government’s capacity to provide subsidies to farmers, expand social protection programmes, and invest in road infrastructure across the country.
He also announced plans to construct more than 800 kilometres of roads nationwide, with an additional 200 kilometres to be developed under the Ministry of Agriculture to support the agricultural value chain.
For his part, the Chairperson of the SOEs Commission, Ousainou Ngum, described the engagement with the President as productive and expressed appreciation for his leadership and continued commitment to strengthening state-owned enterprises as key drivers of service delivery, employment, and national development.
The delegation was led by the Minister of Finance and Economic Affairs, Hon. Seedy Keita.
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