President Joseph Nyuma Boakai, Sr., has announced areduction in the wholesale price of eggs as part of his Government’s ongoing price stabilization efforts. Following recommendations from the Presidential Ad-Hoc Committee on Price Contradictions, chaired by Vice President, Jeremiah Kpan Koung, the wholesale price of a carton of eggs has been reduced from US$60.00 to US$50.00.
This announcement builds on earlier measures by the Government, which secured reductions in the prices of other key staples rice at US$14.00 per 25kg bag and flour at US$35.00 per bag to ease the economic burden on citizens and protect consumers against arbitrary price hikes. President Boakai emphasized that the Ministry of Commerce and Industry, along with relevant inspectorates, is under strict instructions to ensure compliance with these adjusted prices.
He cautioned that anyone found inflating costs outside the official rates will face the full weight of the law. “These reductions reflect our determination to fight for the ordinary Liberian and ensure that basic necessities remain within the reach of every family,” President Boakai said. The President commended Vice President Koung and the Committee for their diligent work and assured the public that further measures are underway to address the costs of other essential commodities on the market.
