US$10M Loan Looms Over Capitol Reconstruction
By Stephen G. Fellajuah MONROVIA, Liberia, November 6, 2026: The Liberian government may be forced to secure a bank loan of approximately US$10 million to reconstruct the fire-damaged William R. Tolbert Joint Chambers at the Capitol, nearly two years after the historic legislative facility was gutted by fire. House Speaker Richard Nagbe Koon disclosed that no funds have been allocated in the national budget for the reconstruction, raising the possibility of borrowing to restore the building, which has remained unusable since December 18, 2024. Koon made the disclosure after leading a delegation of lawmakers, including Deputy Speaker Thomas P. Fallah, on an inspection of the damaged facility. Speaking to reporters following the inspection, the Speaker said reconstruction would depend on te…
