first_imgThe management of the Liberia Petroleum Refining Company (LPRC) in collaboration with the Ministry of Commerce and Industry yesterday announced a sharp increase in the prices of gasoline and fuel.The new petroleum price ceiling which was jointly signed by the Managing Director of the LPRC, Prof. Sumo G. Kupee, and the Minister of Commerce and Industry , Axel Addy, took effect May 4, 2015.The new prices according to LPRC were circulated using the Central Bank of Liberia (CBL) approved exchange rate of US$1 to L$85.According to a statement from LPRC, the retail pump price for a gallon of gasoline has been increased from US$3.01 to US$3.16 (L$270) — a US$0.15 increment — while the retail pump price for a gallon of fuel is also been increased from US$3.06 to US$3.21 (L$270).The decision to increase the prices of petroleum products is based on the upward change in the price of these products on the world market, which normally affects other pricing perimeters in Liberia. Henceforth, the circular has informed the public to cooperate with inspectors from the Ministry of Commerce who will closely monitor the approved ceiling to avoid arbitrary hikes.The inspection exercise is to ensure that importers do not undercut fellow competitors on the market.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

first_imgMumbai City FC have retained central defender Lucian Goian to strengthen the team’s defence for the next two seasons of the Indian Super League, including the fourth season.Goian was considered as one of the top three defenders due to his wealth of experience and strong performance in the last season.Mumbai’s Wall #BoleToh Lucian Goian is back. #WelcomeLucian #BoleTohMCFC pic.twitter.com/CqkLC0wMNB- Mumbai City FC (@MumbaiCityFC) July 26, 2017He will join Amrinder Singh and Sehnaj Singh, who were also retained by Mumbai City FC for the upcoming season.In addition, the team has picked some of India’s finest domestic football talent, at the recently concluded Player Draft, making up for yet another formidable season, a media release issued said today.The 34-year-old represented the Romania U21 national team and has spent the majority of his career playing in the top division of the Romanian League. He emerged a two-time Romanian Cup winner.He has represented top clubs such as Dinamo Bucuresti in the UEFA Champions League.Goian has played under coach Alexandre Guimaraes in the Chinese Super League side Tianjin Teda. He joined the A-League side Perth Glory FC after the conclusion of ISL 2016.Mumbai City FC’s head coach Alexandre Guimaraes said, “I didn’t have to think twice about asking Goian to return. He was a leader on and off the field, and was an integral part of our campaign last season.”Goian said, “It’s great to be back in Mumbai. I have a great working relationship with coach Alex, and my experience in the ISL was top notch.advertisementlast_img read more