• January 12, 2026
  • libyawire
  • 0

The Ministry of Economy and Trade of the Government of National Unity announced that the files of 122 companies have been referred to regulatory authorities to take the necessary legal measures against them, on the grounds of “price speculation and artificial manipulation of price offerings” for cooking oil.

Ministry of Economy and Trade

The Ministry of Economy and Trade is a government department typically responsible for formulating and implementing national economic and commercial policy. Its history is generally tied to the modern development of the state it serves, often evolving from earlier departments of commerce or industry to manage trade relations, business regulation, and economic planning.

Government of National Unity

The Government of National Unity (GNU) is a term most notably applied to the post-apartheid coalition government in South Africa, formed in 1994 following the country’s first multiracial elections. Led by President Nelson Mandela, it brought together the African National Congress, the National Party, and the Inkatha Freedom Party to oversee the transition from minority rule to a multiracial democracy.

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