Amidst the hike in the price of rice on the Liberian market, prominent businessman, Saah Young, has vowed to bring relief to the public by importing 50 containers of rice within the next one month.
This pledge comes shortly after Young received a Certificate of Honor from National Media Incorporated, recognizing him as the most influential businessman of the first quarter of 2024.
Young expressed his empathy for the struggles faced by Liberians due to the hike in rice price. “I feel the pain of the Liberian people,” he stated, emphasizing his commitment to addressing the crisis. Young committed to selling his imported rice below US$17 per bag, a significant effort to combat what he describes as exploitation by foreign merchants who have driven up prices. “Foreigners are exploiting the Liberian people on the price of rice,” he claimed.
Rice is a staple food in Liberia, and the recent price hike has led to widespread concern among citizens. It has intensified worries, prompting calls for immediate action to stabilize the market.
Young, who is a major supplier of onions, Irish potatoes and sardines, has committed to tackling the challenges in the rice market. He has vowed to battle the current market price and support efforts to ensure a steady supply of rice on the market at a reasonable price.
Young revealed that his plan to import rice dates back to the administration of President George Weah. However, he alleged that former Commerce Minister, Mawine Diggs, denied him permission, accusing her of hindering the growth of Liberian-owned businesses.
He said the 1,080 metric tons, which he insisted will soon arrive in the country, will mark the beginning of his efforts to import the staple food.
As the rice shortage continues to strain the Liberian populace, Youngโs initiative is seen as a beacon of hope. His commitment to importing affordable rice is expected to provide much-needed relief and stabilize prices on the market, alleviating the economic burden on many families.
Saah Young, known for his humanitarian gestures to the community, committed himself to continuing these efforts.
