The Senior Management Team (SMT) at the Ministry of Commerce & Industry (MoCI) has delivered twenty motorbikes, four pickups, one jeep and a thirty five seated bus to its employees. The huge package, worth thousands of United States Dollars was officially presented today (March 17, 2026) at the Ministry’s EJS Ministerial Complex office in Congo Town during a brief program graced by scores of MoCI employees from Montserrado County and rural Liberia.
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.
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.
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.
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.