Japan Gives Liberia 3,294 Tons of Rice to be Monetized for Socio-economic Projects

WILLIE N. TOKPAH

The Japanese Counterpart Value Fund Secretariat, (JCVF) through the Ministry of Foreign Affairs, has announced the arrival of another consignment of the Japanese donated rice weighing 3,294 metric tons to Liberia.

According to the Ministry of Foreign Affairs, the rice will be monetized under the Japanese Grant Commodity Program to support the Government of Liberia’s social economic development projects. The consignment of rice arrived on Tuesday, January 16, at the Freeport of Monrovia on board MV Sunshine.

The Ministry of Foreign Affairs further stated that the expected consignment of rice will be sold at the Fouta Corporation and United Commodities Inc, with the support of the Liberia Marketing Association (LMA), at a retail price of US$16.50 for a 30kg bag.

According to the Ministry, the Japanese donated rice is 5 kilos more than the regular 25kg presently on the Liberian market.

Meanwhile, the general public has been advised to report anyone selling the Japanese donated rice above its stipulated prices to the Ministry of Commerce and Industry’s Inspectorate Division or the Japanese Counterpart Value Fund Secretarial at the Ministry of Foreign Affairs for quick intervention to eschew further profiteering and cheating.

The Japanese Counterpart Value Fund Secretarial said the proceeds from the sale of the rice will go toward the construction of the Liberia-Japan Wood Workshop, which will be located in Dukpuyee, Nimba County.

Meanwhile, the Japanese Counterpart Value Fund Secretarial, on behalf of the Government of Liberia has appreciated the government and people of Japan for their continued support to Liberia’s social economic development programs.

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Posted by admin on Jan 29 2024. Filed under African News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry