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Gov’t Stabilizes Retail Prices of Rice Nationwide

Following an agreement entered between rice importers, and the Ministry of Trade on the reduction of rice price, the Government of Sierra Leone through the Ministry of Trade and Industry after consultation with the Ministry of Transport and Aviation,  Sierra Leone Police and Indigenous Transporters Association, had taken the bold step and putting measures in place by cutting down the transport charges of rice to ensure this reduction reflect the lives of the final consumers.

In a statement, the Ministry of Trade confirmed its commitment in stabilizing rice prizes nationwide and further stating that that the below prices were agreed upon after extensive discussions with key stakeholders to ensure affordability and accessibility.

The prices for 50kg bag of rice are as follow:

Bo: Le846

Kenema:Le849

Kono:Le849

Makeni:Le846

Kabala:Le851

PortLoko:Le849

Kailahun:Le853

Mattru:Le860

Kambia:Le853

Karene:Le860

Pujehun:Le860

Moyamba:Le850

Falaba:Le870

Tonkolili:Le848

Western Urban: Le830

Western Rural: Le830

The Ministry emphasized that these prices are inclusive of all costs associated with transporting and distributing the commodity from wholesale to retail outlets.

The Ministry also called on retailers to adhere strictly to the stated prices and assured the public of its continued efforts to monitor and regulate the rice market.

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