Consultant Musa Bility of Nimba County seventh District has detested Authorities of Liberia slashing of storage charges paid to Liberian terminal operators as a direct menace to native possession and the survival of Liberian entrepreneurs within the petroleum sector.
The Liberian authorities is affecting modifications to costs of products and companies in an effort to scale back prices being bore by Liberians. President Joseph Boakai lately introduced the discount within the costs of rice and flour following the submission of report by the particular Taskforce constituted on July 26, headed by Vice President Jeremiah Kpan Koung.
In a September 9, 2025 assertion, Consultant Bility, who’s the proprietor of Srimex, a fuel and oil firm, mentioned he had been knowledgeable by the Liberia Petroleum Refining Firm (LPRC) that storage charges could be lowered from thirty-five cents ($0.35) to simply two cents ($0.02) per gallon.
Based on him, new “technical” price traces, which stand to learn primarily from the change, have been being created for LPRC.
“The intent of the Authorities’s motion is to divert cash away from Liberian terminal operators and redirect it to LPRC, with the intent to weaken Liberian possession and silence Liberian innovation,” Bility mentioned.
He added “The online impact is to successfully shut down Liberian-owned petroleum terminals and centralize energy within the arms of some. This determination not solely threatens our power safety but in addition undermines Liberian jobs and households, as there isn’t a method that terminal operators can stay in enterprise if the Authorities carries out this motion.”
Bility, who’s the political chief of the Residents Motion for Change (CMC), additional said that the brand new authorities’s coverage sharply contradicts its function of making an enabling surroundings for the non-public sector.
“The transfer would cripple entrepreneurs who had already invested tens of millions of {dollars} in infrastructure, know-how, and workforce to stabilize Liberia’s petroleum market,” the lawmaker argued. “These investments had supplied jobs, ensured constant gas provide, and strengthened the financial system.”
Bility confused that the petroleum terminal enterprise was one of many few sectors constructed and sustained solely by Liberians, including that no accountable authorities ought to “sacrifice its personal residents’ companies beneath the pretense of worth aid.”
He known as on the Authorities to right away halt this dangerous maneuver, to interact in clear consultations with terminal operators, and to make sure that any reform within the petroleum sector genuinely serves the Liberian individuals and the expansion and growth of the non-public sector, not political pursuits.
