By Stephen Roberts
MONROVIA, March 25 (LINA) – Members of the Liberian business community, have alarmed over the involvement of foreign nationals into retail and supply businesses on the Liberian market, citing that their actions are undermining the memorandum of understanding between Liberian and foreign business in the country.
The Liberian business community has threatened to take series of actions including instituting citizen’s arrest against foreign business practitioners who are involved in both supply and retail action.
Speaking Monday March 23, 2025, in Monrovia, the President of the Patriotic Entrepreneur of Liberia (PATEL), Dominic Nimely, said the proposed citizen’s arrest action is aimed at giving the Liberia business community their rights to sustain themselves in the Liberian economy.
According to Nimely, foreign nationals are involved in local loan businesses, delivery of goods to end users and the selling of commodities that Liberians should benefit from.
The renounced Liberian businessman noted that Chinese, Indians and Lebanese are undermining Liberian businesses thereby making local business owners struggle to maintain their businesses.
He attributed the prolonged struggle of the Liberian business community to the 25 percent purchase right imposed on them by former President Ellen Johnson Sirleaf.
However, Nimely called for a consolidated effort aimed at positioning Liberian businesses at the top of the decision-making process.