Breaking news! Govt Suspends Ksh100 Maize Flour
Agriculture Cabinet Secretary, Peter Munya, has suspended the Ksh100 maize flour subsidy programme.
According to a statement dated Saturday, August 13, Munya cited inadequate funds from the National Treasury as the reason for suspending the subsidy programme.
The suspension means millers can now sell maize flour at prices of their determination.
Before the subsidy kicked in, a 2kg packet of maize flour was retailing for as high as Ksh230.
“As you are aware, the government through this Ministry and other key stakeholders has been implementing the ongoing “Maize Flour Subsidy Program” in partnership with contracted Millers under a Presidential Executive Order,” the statement read in part.
“However, due to inadequate exchequer releases from the National Treasury, it has been decided that, the Maize Flour Subsidy program be suspended with immediate effect.
“The purpose of this memo, therefore, is to direct that you suspend the above program immediately and prepare a comprehensive closure report for my review as soon as practical,” Munya directed.
More to follow…