spot_imgspot_img
Tuesday, April 16, 2024

SHORTAGE OF ESSENTIAL COMMODITIES IMMINENT AS GOVERNMENT PLANS RETREAT

Date:

LIBERIA – There is uneasy calm amongst Liberians on how a few people are running the state of affairs in the country. They say the country’s economy is in a consistent and persistent nosedive while their leaders — President George Weah, Samuel Tweah, and Nathaniel McGill do the Buga dance.

The morale of the country has considerably dropped since President Ellen Johnson left power and Weah took charge.

The CDC government insists it’s doing everything to improve the country’s economy, but some citizens spoken to by Smart News think otherwise; as essential commodities seem to be running shot on the local market and prices of other merchandise continued to skyrocket.

An investigation conducted by Smart News shows that leading rice importers are reluctant to bring in new consignments of rice because of the government’s alleged failure to live up to an agreement in which it promised to give subsidies to rice importers.

The importers are demanding their share of the US$14 Million the government claimed to have given as a subsidy to the importers.

Sources have informed Smart News that K and K, the largest rice importer in the country is not willing to bring in new consignments of the nation’s staple food.

Other rice importers that include, Fouani, SWAT, UCI, etc. are having limited quantities in store.

Liberia consumes about 900,000 bags of rice every month, and market analysts say it is highly likely that the commodity could run out in the next two months.

On the other hand, petroleum has been another contending issue in the country in recent times-from scarcity to price hikes.

The Liberia Petroleum Refining Company which has the statutory role to deal with this product has shown a lack of leadership.

There is this report of a stolen 1.5 million gallons from the storage tanks at the LPRC tanks field.

The management of the LPRC has for so long exhibited ineptitude in running the affairs of that government agency.

This level of incompetence shown by the LPRC management has negatively impacted ordinary people.

President Weah has organized a retreat for his cabinet in Ganta on July 11. But some Liberians are not impressed about that, calling the retreat a talking shop to wine and dine.

smartnews
Smart News Liberia is an online news outlet, a product of Smart Media Group Inc. smartnewsliberia.com publishes a wide range of content including politics, business, sports, and entertainment on and about Liberia. Contact: +231777425285/ 886946925 Email: info@smartnewsliberia.com/ smartnewsliberia@gmail.com

Share post:

EXCLUSIVE INTERVIEW

THE GALLERY

spot_imgspot_img

ADVERTISEMENT

spot_imgspot_img

MORE NEWS

WORLD SPORTS
Related

IVORY COAST RELIEF AFTER WINNING CUP OF NATIONS

ABIDJAN, (REUTERS) - Ivory Coast’s success at the Africa...

NBA ROUNDUP: DOMANTAS SABONIS CARRIES KINGS PAST NUGGETS

Domantas Sabonis had 17 points, 17 rebounds and 10...

ARGENTINA AND BRAZIL PUNISHED BY FIFA FOR FAN DISORDER IN 2026 WORLD CUP QUALIFIER AT THE MARACANA

Lionel Messi will play in front of a half-empty...
Share via
Copy link