IPNEWS: The Bureau of State Enterprises (BSE) is taking significant steps to enhance governance and operational efficiency as it transitions to the State-Owned Enterprises Authority of Liberia (SEAL). From December 15 to 18, 2025, a comprehensive training program was launched in Buchanan City for 14 department heads, focusing on the implementation of Standard Operating Procedures (SOPs) to support the BSE’s constitutional mandate.
The training kicked off with an engaging first day, where participants discussed critical topics, including:
1. Public Financial Management (PFM) Act of Liberia
2. Public Procurement and Concession Act (PPCC)
3. Internal Audit Agency (IAA) Regulations
4. General Auditing Commission (GAC) Guidelines
5. SEAL Internal Policies and SOPs
This framework aims to reduce waste and enhance transparency and accountability within the State-Owned Enterprises (SOEs) sector.
By the end of the four-day training, participants are expected to achieve several key outcomes:
1. Consistently interpret and apply SEAL SOPs.
2. Execute oversight roles in accordance with Liberian regulations.
3. Strengthen internal controls and segregation of duties.
4. Reduce audit queries and compliance risks.
5. Lead ethical, transparent, and accountable processes.
As the training progresses into the third day today (December 17, 2025) the focus remains on fostering a hands-on, collaborative learning environment that promotes transparency and accountability across BSE departments.
The training was officially opened by Hon. JSB Theodore Momo Jr., Director General of BSE, who welcomed participants and emphasized the importance of their engagement. He urged attendees to take the training seriously, noting that the skills acquired are vital for the future of state-owned enterprises. Deputy Director General for Administration & Finance, Hon. Joseph Boye Cooper, also highlighted the training’s significance and encouraged staff to participate sincerely during this pivotal transition.
This initiative reflects BSE’s strategic commitment to institutional excellence, preparing for its transition to SEAL. By uniting a diverse group of department representatives, the workshop facilitates the exchange of best practices and empowers participants with practical tools to monitor, regulate, and ensure compliance in their operations.
“Strengthening our internal controls is foundational to our mission,” stated the BSE Director General. “On day two, we are witnessing active engagement and collaborative problem-solving that will lead to more efficient and transparent operations, ultimately improving our service delivery to all State-Owned Enterprises.”
The workshop represents a crucial step in BSE’s efforts to cultivate a culture of excellence and integrity, ensuring that its team is fully equipped to tackle future governance challenges.
