Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan on Tuesday said the abnormal rise in Liquefied Petroleum Gas (LPG) prices was created by retail and wholesale traders.
“Some traders created an artificial crisis in the market by taking advantage of the Bangladesh Energy Regulatory Commission’s price adjustment announcement,” he told reporters after a meeting of the Advisers’ Council Committee on Government Purchase and Economic Affairs at the Secretariat.
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The adviser said the government has ordered the authorities to conduct mobile courts across the country through district administrations and police to tackle the situation.
“Those who expected LPG prices to rise saw that BERC increased the price by Tk 53 or so and many tried to take advantage of that. We have asked the Cabinet Secretary to ensure mobile courts are conducted in every district. We also discussed this at yesterday’s law and order committee meeting,” he said.
There is no real reason for such abnormal price hike and this has been done through manipulation, he added.