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PARKOP TO MAKE SUBMISSION

By : Sharon Engnui

Business houses affected were requested to draft an estimated valuation for the damaged caused to their properties in the Nation’s Capital on Wednesday the 10th of January.

This was revealed by the NCD Governor Powes Parkop after visiting the affected areas in Gerehu in the Moresby North West Electorate.

This is the remains of what has transpired on Wednesday the 10th of January, the day of Madness and Darkness as many have labeled it.

This will no doubt go down in the country’s history as a devastating time, especially for the affected businesses, as they recall all the hard work built for decades gone in just a day of madness.

These business houses play a pivotal role to providing service to over 200 thousand people residing at the Gerehu Suburb, hence the impact will go on for a long while.

Yesterday NCD governor Powes Parkop visited the affected business houses in Gerehu, the Governor was devastated to the extent of damages caused to the property.

The Governor revealed that a submission will be made to the national government as he calls on the affected business to file an estimated valuation on the property damaged.

Governor Parkop also revealed that two recommendations were made, one is for the government to cut the tax imposed on the affected business and two is to make funding available at the commercial banks for the affected business to borrow at a very low interest rate for them to rebuild business for a period of five years.

Parkop added that he is still waiting on the businesses houses to make their own recommendations so to make the submission.

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