Monrovia, March 22 -- University of Liberia President Dr. Ophelia Inez Weeks has described the signing of a loan agreement between the University of Liberia Faculty Association and Ecobank Liberia as "a landmark move that will help address financial constraints faced by the administration.

According to Dr. Weeks, UL will not continue with salary advancement for its staffs due to the huge task it is currently addressing, while naming the loan as a cover-up.

Speaking Wednesday, during a signing ceremony of the loan agreement on Capitol Hill, she noted that the agreement reinforces lasting relationship already existing between UL and Ecobank.

"Thanks for the cooperative attitude by University of Liberia Faculty Association to take respons...