<< Back             Poser >> Boakai suspends import Tariff on Rice Capitol Hill, June 6, 2025: A release from the Executive Mansion says the move is to ease the economic burden on Liberians and stabilize the price of rice. The Mansion in its release said, “Recognizing the mounting pressures of the high cost of living and the critical importance of rice as Liberia’s staple food, President Boakai’s latest Executive Order continues the provisions of Executive Order No. 125, removing import tariffs on key rice categories to ensure affordability and accessibility for every Liberian. Under this new directive, import tariffs are suspended on rice classified under the following HS Codes: • 1006.30.10.00 – Semi-milled or wholly milled rice, whether or not polished or glazed, in packings of more than 5kg or bulk • 1006.40.00.00 – Broken rice This measure, the President’s Executive Order noted, takes immediate effect and is part of the government’s broader strategy to promote food security, market stability, and economic relief for all citizens. The Government remains committed to taking practical steps that alleviate the financial stress on ordinary Liberians. President Boakai reaffirmed his administration’s resolve to protect the purchasing power of Liberian households and maintain national food stability amid rising global economic pressures. The Ministry of Commerce and Industry, the Liberia Revenue Authority, and all relevant agencies are directed to ensure the full and timely implementation of Executive Order No. 150. The New Dawn Liberia	Dangote Refinery drives historic shift as Nigeria becomes net petrol exporter The landmark development marks a decisive turnaround for Nigeria, Africa’s largest oil producer, which for decades depended heavily on imported refined petroleum products. Ghana government misses target in latest Treasury Bill auction The Ghana government has missed its borrowing target in the latest Treasury Bill auction, recording a shortfall in the total amount accepted from the market. Experts call for transparency in Ghana’s petroleum revenue management The annual report of the Public Interest and Accountability Committee (PIAC) for 2025 has thrown a spotlight on Ghana's oil and gas sector, with experts calling for improved transparency and accountability in the management of the country's petroleum revenues. Stakeholders push for stronger coordination to transform Ghana’s rice industry The Competitive African Rice Platform (CARP) Ghana, has convened its maiden stakeholder policy dialogue in Tamale to promote coordinated efforts aimed at strengthening Ghana’s rice value chain. Stock market maintains uptrend as investors gain N1.4trn in 4 days By Peter Egwuatu   The Nigerian stock market extended its bullish momentum, Week-on-Week, WoW, at the close of trading last week , as sustained institutional demand for large-cap and fundamentally resilient stocks continued to drive the Nigerian Exchange Limited, NGX benchmark Index, All Share Index, ASI, and market capitalisation  higher. Specifically, investors garnered N1.359 trillion from their […] Nigeria misses OPEC quota, produces 1.38m bpd in March In its March 2026 Monthly Oil Market Report (MOMR), OPEC stated that the figures were based on data obtained through direct communication with Nigerian authorities.