Commerce Ministry Closes Down Several Businesses
The Ministry of Commerce & Industry has shut down several businesses for various offenses-including hike in rice price, sale of unwholesome products, expired business registration, etc. The affected businesses were shut down within the Rally Time Community and the commercial District of Red Light.
MoCI & Rice Importers Say No To Price Increment
In the wake of the current Iran- US conflict which has led to the rise in the prices of essential commodities across the globe, the Ministry of Commerce & Industry has scored a resounding success in preserving the price of rice on the Liberian market. During an emergency meeting with the country’s leading rice importers today, a consensus was reached that the wholesale price of the 25kg bag of rice should remain at US$14.00, while the retail price remains atUS$14.50 or its value in Liberian Dollar.
Ministry of Commerce and Industry and Liberia Petroleum Refining Company (LPRC) Issue New Price Circular to Stabilise Fuel Costs Amid Global Petroleum Market Turbulence
Monrovia, Liberia – In close coordination with the Liberia Petroleum Refining Company (LPRC), the Ministry of Commerce and Industry on Tuesday released a price circular that sets new ceiling prices for petroleum products in both the wholesale and retail sectors.
The circular, effective immediately, aims to protect Liberian consumers and businesses from volatile global price swings while ensuring a steady supply of fuel nationwide.
Commerce Ministry Tours Three Counties
The Ministry of Commerce & Industry has begun an acquaintance tour of three counties as part of constructive efforts to have a better picture of operational challenges and other matters affecting the work of its inspectors in rural Liberia. The four-day tour officially kicked off on February 25, and is expected to be concluded on the 28, 2026. The three Counties are Margibi, Bong, and Nimba.
Commerce Today volume 3 edition 2
The Commerce Today Monthly Critical Commodities Bulletin is a product of the Ministry of Commerce and Industry developed to inform the public on key commodities inventory and pricing on a monthly basis. The data reported is gathered based on assessment of import documents which include commercial invoice, assessment notice, single administrative document, clean report of findings, and targeted market sample surveys.
