10 January, 2026, 6:09 pm Central - 28°C Rain

Vatoa villagers in Lau request the Govt for savings and investment services

Vatoa villagers in Lau request the Govt for savings and investment services

By Navitalai Naivalurua
25/03/2024
Source : Fiji Government

Vatoa villagers in the Lau Group have requested the Government to provide savings and investment services to maritime islands in the Eastern Division.

This was raised by the Vatoa Village Development Committee Executive Lemeki Biau during the first-ever National Development Plan public consultation held at their village.

Biau says while they appreciate the services of the Postal Agency that allows them to send and receive cash, there is a need for more banking options, which would include banking and investment.

He says while the shortage of cash reserve at the Post Office is a concern because it is limited to $2,000 a month, they also feel that investment and savings should be made available to them, where they could save some of their earnings because if not, they will always be a step behind.

Biau says most times, they were in the dark about policies and opportunities provided by the Government to assist their community and its members because of the lack of awareness.

He also requested that there be visits by officials from respective Ministries to their villages so that they could access these assistance and grants without being left in the dark.

Vatoa is one of the outlying islands in the Fiji archipelago that lies close to the Kingdom of Tonga.

FEATURE NEWS
We in the village are not aware of the increase in electricity tariff, this is a concern - Naisausau villager
Concerns have been raised over the increase in electricity tariff, with villagers of Namara in Tailevu saying the decision is financially driven and w...
58 minutes ago
LATEST NEWS
FNPF to hold Annual Members Forum next month in Suva, Nadi and Labasa
The Fiji National Provident Fund will be holding its Annual Members Forum next month in Suva, Nadi and Labasa, and they are urging members to attend, ...
26 minutes ago

Flood-hit Naria residents call for urgent survey; council says work underway
Concerned residents of Naria in Rakiraki are calling for an urgent survey to address flooding issues that occur during heavy rain due to blocked ...
54 minutes ago

Suva Magistrates Court grants bail to two men charged in alleged tender scam
Two men who were charged in relation to an alleged tender scam have been granted bail by the Suva Magistrates Court.Ripon Baral is charged by the ...
56 minutes ago

X faces possible UK ban after AI tool Grok creates fake sexual images of females
The UK government has warned that Elon Musk’s social media platform X could be blocked if it doesn't follow online safety rules.This comes after ...
3 hours ago

WAF carrying out preparatory works to fix sewage spill in Laucala Beach
The ongoing sewage spill from the manhole at the back entrance of a supermarket at Laucala Beach has been caused by a severe collapse of the ...
6 hours ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Electricity tariff increase for users consuming more than 100 units
There is an increase in the electricity tariff rate for consumers using more than 100 units from 1 January next year.Fijian Competition and Consumer ...
8 days ago

Fiji needs to act on human trafficking indicators associated with Grace Road Group
The United States remains deeply concerned about indicators of trans-national organised crime and human trafficking in Fiji associated with the Grace ...
19 days ago

Cheap seed oils are not good for our health - O'Neill
With over 80 percent of deaths in Fiji caused by cardiovascular disease based on the 2011 report, naturopath and nutritionist Barbara O’Neill is ...
19 days ago

TOP