in ,

Kenya To Import 12 Million Bags Of Maize From July To Avert Price Crisis

NCPB
Maize /Courtesy

The government is in the process of finalizing a deal that would allow millers and traders to import maize in a bid to control maize prices from shooting.

Agriculture Cabinet Secretary Mwangi Kiunjuri told the press that the country has already exhausted its stocks and has urged treasury and other relevant government agencies to expedite approvals in-order to avert an impending crisis.

“The government has no responsibility of buying the maize. It is the traders and millers who should do that by opening the window. Let them come to market, sell to posho mills and millers.” said Kiunjuri.

Read: Ksh9 Billion Maize At Risk Of Going Bad As NCPB Lacks Power, Money

In doing this, the CS noted that due process will be followed to curb exploitation.

Kiunjuri stated that over 12 million bags will be imported as from July, a period he says the government has projected a shortfall of 4.3 million bags of maize.

“We require to import 10 million bags between now and December, that is white maize for human consumption, we are also required to import 2.5 million bags of maize to cushion dairy farmers,” the CS added.

Also Read: GoK Subsidized Unga Exported to CANADA, Being Sold For Sh. 1400 (Photos)

The CS divulged that the shortage was expected as regional source markets had their production affected by recent drought.

Uganda and Zambia have been key areas where Kenya turns to reverse its maize deficit.

During the said period, Kenya will be targeting countries that produce non-genetically modified maize, with Mexico being a key producer.

The move is however subject to approval by relevant ministries.

Also Read: Ksh9 Billion Maize At Risk Of Going Bad As NCPB Lacks Power, Money

The rise in prices has been attributed to the sharp rise of maize prices, where the price of a 90 kilogramme bag rose from Ksh2,000 last month to Ksh3,200.

Currently a 2Kg packet of flour retails at more than Ksh115.

“The zero-rating of VAT on transport, electricity and packaging materials is now effective and has to reflect in the price of flour,” Treasury CS Henry Rotich said days before the prices rose steadily.

Email your news TIPS to news@kahawatungu.com or WhatsApp +254708677607. You can also find us on Telegram through www.t.me/kahawatungu

Written by Wycliffe Nyamasege

Just email news@kahawatungu.com

One Comment

Leave a Reply

    Leave a Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Sotik CDF Board On The Spot As Members Allocate Themselves, Family, Girlfriends Bursaries

    SGR NIGHT TRAINS

    Here’s The ‘Secret’ Company Running SGR Behind The Scenes; Africa Star Railway Operation Company