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Oil Shortage Deepens as Imports Fall Short of Demand

Ethiopia is facing a significant shortfall in edible oil supply, with monthly imports falling far behind national demand, according to officials from the Ministry of Trade & Regional Cooperation. The country requires between 75 and 80 million litres of cooking oil each month. However, current supply levels average only 56.7 million litres—leaving a gap of over 20 million litres. Ministry officials attribute the widening deficit to a failure by international suppliers to meet delivery schedules under government procurement contracts. This supply gap has had a direct impact on market prices, with a five-litre bottle of cooking oil reportedly selling for as much as 1,650 Br, depending on the brand, according to a market survey by Capital newspaper. A government plan to import 121 million litres of cooking oil to stabilise the market has yet to materialise in full. Only 46pc—approximately 55.66 million litres—has been delivered so far. The remaining 65.34 million litres, mainly saff...

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ፕሬዚዳንት ታዬ አጽቀ ሥላሴ የኬኛ ቤቨሬጅስ ኩባንያን መርቀው ሥራ አስጀመሩ