The price of maize flour will from Monday reduce to Sh100 for a two-kilogram packet, Sh52 for one kilogram, and Sh30 for a half-kilogram pack following intervention by the government.
On Monday, the Ministry of Agriculture, Fisheries, Livestock & Cooperative announced it had inked a deal with millers to bring down the cost of flour which has been retailing at up to Sh230 per two-kilogram packet to Sh100 over the next four weeks.
“The Ministry of Agriculture shall subsidize the price of maize flour being produced/sold by the miller for a period of four (4) weeks from the date of this contract,” reads part of the agreement the ministry has inked with millers.
“It is agreed between the parties that the ministry shall deploy market surveillance teams to ensure that sifted maize flour is sold at the maximum recommended retail price stated. The market price of maize (per 90kg bag) as at the date of this contract is in the range of Ksh5,800 and Ksh6,000. Based on this market price, MOALFC will compensate the miller for each unit sold.”
A 50-kilogram bag of flour will go for Sh2,250, Sh440 for a 10-kilogram bag, and Sh250 for five kilograms.
The four-week subsidy comes three weeks after Agriculture Cabinet Secretary Peter Munya issued a directive suspending the levies on imported maize in a bid to lower the price of flour.
But United Grain Millers Association (UGMA), an umbrella organization for both small and large-scale millers, termed the move as insignificant, saying it would reduce the cost of flour by just Sh2.
It’ll be back to Shs 230 b4…
It’ll be back to Shs 230 b4 the close of polls.
Is this going to be the…
Is this going to be the likes of another fuel saga? Serikali lazima ilipe hizo subsidies.
It’s good that the prices…
It’s good that the prices for ugali has been lowered. The war between Ukraine and Russia just ended today! What a comic?
@asista – Shut up sycophant…
@asista – Shut up sycophant idiot! What has ruto offered to reduce the food pains? Can you ever see anything good being done?
Ruto claims to be the DP. What has he done? He should be telling us the actions to be taken.
Hata wafikishe 50 ksh wr…
Hata wafikishe 50 ksh wr sending all this Uhuru n his project straight home.It’s time for new families to take over Kenyan politics not familia tatu.
It’s true KENYANS think with…
It’s true KENYANS think with their stomachs, so the POLITICIANS think.
Will RAILA or RUTO take credit for this??
All hype no substance. Ploy…
All hype no substance. Ploy for Azimio votes. It will fail flat.. Fertilizer and petrol prices NEVER went down after the government purportedly lowered them. I Will believe it when it is actualized. Hatupangwingwi.
It’s good that the prices…
It’s good that the prices for ugali has been lowered. The war between Ukraine and Russia just ended today! What a comic? I have been saying all along that it’s the government that is perpetuating or incapable of running an economy. The government does not control the price of flour or adjacent commodities.
The government is taking its subjects for guinea pigs. For a ride. This price tag is only for campaign purposes. Believe it or not it’s not real. What’s happening today that could not have occurred 3 years ago when most people are reported to have starved to death? Not 3 weeks to election is when the price falls down suddenly at around 150% rate!
Kenya borrowed another 28…
Kenya borrowed another 28 billion to help cheat about feeding it’s people ,campaign money for Azimio and to add to the Covid stolen funds.
.