As The Leone Depreciates…Passport Price To Go Up

​ 

Since the Government of Sierra Leone removed subsidy on the sale of Passport last year, the selling price of the Electronic Passport otherwise known as the ePassport was pegged at exactly US$100 which was even more than Le500,000 in October last year.

Since the exchange rate shot up, the company that has been producing the ePassport has been doing so at a loss. They are still selling the ePassport for Le500,000.

A spokesman for Netpage (SL) Limited (the company producing the ePassport) has told the Global Times that, the company can no longer sustain the loss. “It is either we stop producing the ePassport or we sell at the agreed US$100 in order to be able to stay in business,” he said.

He however noted that in the event the Leone stabilizes, the price will be adjusted accordingly.

The price of ePassport will soon go up in order for the company to be able to continue to stay in business.

A government spokesman told the Global Times last night that, it will be difficult for the government to stop the company from selling ePassport for US$100. “After all, that is what the contract calls for…The company has been running at a loss as a result of the depreciation of the local currency the Leone”, he admitted.

About Patric Foryoh

Patric Foryoh Daboh is a blogger, Political, social activist,a satirist and co-founder & Co Editor of Makoni Times Newspaper based in United States of America. He studied Multimedia in the United States.He has met and interviewed personalities including Former vice-president of Sierra Leone Alhaji Sam Sumana, late Tamba Sam SLPP Secretary General , Gloria Strasser , David Tam Mbayoh , Agibu Jalloh, Chernor Bah, Murtala Mohamed , Mohamed Kamarainba Mansaray, J. Arr, Nasser Ayoub, Alpha Timbo, Robin Farley, Bai Mahmoud, and many more. Patric has produced the "Diolog" show at the TPN radio and was the social media correspondent for TPN . He has appeared on numerous daily newspapers publication in Sierra Leone. He blogs at Sierra Leone one man civil society blog on relationship, sex, marriage, faith & culture, politics, religion. He was the programming manager at Mamba TV. Patric Foryoh was named as the 54 Most Influential People in Sierra Leone by Swit Salone.com Patric Foryoh represents the new wave of new voices in Sierra Leone/Africa media who are breaking boundaries and charting new territories. He is a husband and a father of a son and a daughter.

No comments yet... Be the first to leave a reply!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: