Home Bangladesh Edible oil to be sold in new decision
Bangladesh - March 9, 2022

Edible oil to be sold in new decision

Staff Correspondent: Unrest has been prevailing in the country over the price of edible oil. Therefore, from next Friday (March 11), no trade can be done in the sale of edible oil “without a receipt”, said AHM Safiquzzaman, Director General (DG) of the Directorate of National Consumer Rights Protection (DNCRP).
He made the remarks at a meeting with retailers and wholesalers at the Directorate of National Consumer Rights Protection in the capital yesterday.
In the meeting – various information including non-delivery, overcharging, not giving proper receipt was highlighted. Retailers and wholesalers demanded to form a “joint monitoring team” to ensure adequate supply from the mill.
When there has been commotion over the price of edible oil in the country, the various allegations are revealed by the traders. They alleged that the millers cut off the supply of edible oil while some unscrupulous traders are increasing the price.
At the meeting, DNCRP DG said the country has “sufficient oil reserves” to meet the demand till Ramadan. “Attempts are being made to increase prices by creating a crisis,” he added.
Various government departments are working to control the volatility of edible oil prices in the country. Then the situation of creating an “artificial crisis” by the mill is coming up in the face of the traders.

The DNCRP has said that any irregularity in the marketing system will not be tolerated in any way.

At the meeting, the wholesalers and retailers assured their full cooperation in conducting the business properly. And tomorrow, Wednesday (March 9), after a meeting with mill owners and wholesalers, this year’s crisis will be dealt with with a firm hand, said the Directorate of National Consumer Rights Protection.

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