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Gambia Announces Signing Bilateral Agreement To Stabilize Price Hikes

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Seedy  Keita 
MoTIE Minister

In a statement, the Ministry of Trade has announced signing a Bilateral Trade Agreement with Sierra Leone meant to increase the supply of the essential commodities with a view of stabilizing the prices at the domestic market.

Below is the release

The Ministry of Trade, Industry, Regional Integration and Employment (MoTIE) continued to remain committed to ensure that essential commodities are accessible and affordable by the general public especially during these trying times of price hikes of essential commodities as result of COVID 19 pandemic. 

As such, the Government through the Ministry of Trade has negotiated and signed a Bilateral Trade Agreement with the Republic of Sierra Leone in December 2021. 

The main objective of the agreement is to increase the supply of the essential commodities, especially edible oil with a view of stabilizing the prices at the domestic market.

Under this agreement, Niro Company Ltd has imported 10 containers of edible cooking oil. These quantities are currently available in stock with the company in its sale points at Sukuta (After the Garage. Tel: 2222700) and at Kairaba Avenue (Niro Mini Market 18 Kairaba Avenue Tel: 3562226).

Anybody interested in buying edible cooking oil for domestic consumption can get it at Niro Company Ltd at a reduced price of One Thousand Nine Hundred and Twenty-Five Dalasi D1, 925 per 20litre gallon.  

The Government through the Ministry of Trade would like to use this opportunity to reassure the general public that the government is concerned with these prices and is taking all necessary measures to ensure that these goods are accessible and affordable.   

It ends!

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