MOCI Warns Businesses against Hoarding, Hiking Onion Price

first_imgWilson Tarpeh, Minister of Commerce spe-US$6.00 for onion bagThe Ministry of Commerce and Industry, (MOCI) said it has received information on an alleged shortage of onion on the Liberian market, a situation that is contributing to hoarding and hiking of onion price on the market.“We want to inform the general public and consumers that there is an adequate supply of onion on the Liberian market as it is being speculated,” the ministry said in a statement issued on Monday.“Those engaged in price hiking of onions must stop, as the price of onions is US$6.00 or its equivalent in Liberian dollars,” the ministry said.The ministry has called on businesses involved in hoarding and hiking the price of onion to desist from such unscrupulous behavior as the act is a violation of the Competition law of Liberia, which provides penalty ranging from US$1.00 to US100,000.00 as a fine, the Ministry said.In the ministry’s mandate, “We regulate all prices of goods on the Liberian market for the benefit of both the consumers and the sellers. A consignment of about thirty containers of onion is expected to arrive in the country Friday, August 3, 2018.The ministry of Commerce and Industry remains committed in ensuring that the basic commodities are available and affordable within the commerce of Liberia.The release said, the Ministry has further instructed the inspectorate division to keep surveillance on the sale of onions in the various markets around the country to ensure that those involved stop or be fined.Meanwhile, the Ministry is appealing to the public to report anybody who is found hiking the price of onions or hoarding the product and other basic commodities on the market.The numbers to call are: on Lonestar Cell MTN 9911 or on Orange 6624.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

EU’s chief Brexit negotiator to visit Donegal/Derry border

first_imgTHE EU’s chief Brexit negotiator is due to begin a two-day visit to Ireland today which will include a visit to the Donegal/Derry border.Michel Barnier will address the Irish government’s all-island civic dialogue in Dundalk before meeting business leaders and lobby groups near the border area.In a statement the European Commission said: “Mr Barnier has already met unionist and nationalist politicians in both Brussels and Strasbourg, but the particular focus of this trip will be to meet business stakeholders from across Northern Ireland, including cross-border groups and companies in the border areas of Derry-Letterkenny and Newry/Dundalk and rural representatives in Dungannon.” Last week, unionist MEPs Diane Dodds and Jim Nicholson issued a statement welcoming the visit, but expressed disappointment it was announced by a Sinn Fein MP.Sinn Fein Foyle MP Elisha McCallion said she was delighted Mr Barnier had accepted her invitation to visit her constituency.The European Commission added: “Mr Barnier has received many invitations over the past year but this occasion forms part of a series of meetings Mr Barnier has across the EU to engage with stakeholders on the consequences of Brexit.”Mr Barnier visited the border in County Louth last May 2017. Last week Brexit Secretary David Davis sparked a wave of criticism for failing to meet locals during a whistlestop visit to south Armagh.His department also apologised for breaching protocol and not informing the Newry and Armagh MP Mickey Brady.EU’s chief Brexit negotiator to visit Donegal/Derry border was last modified: April 30th, 2018 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:borderBrexitdonegalMichel Barnierlast_img read more