• About
  • Advertise
  • Privacy & Policy
  • Contact
Kenyan Business Feed
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business
No Result
View All Result
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business
No Result
View All Result
Kenyan Business Feed
No Result
View All Result
Home News

Deal paves the way for millers to get Sh1bn maize

Kenyan Business Feed by Kenyan Business Feed
Deal paves the way for millers to get Sh1bn maize
Share on FacebookShare on Twitter

Table of Contents

Toggle
        • News
  • Deal paves the way for millers to get Sh1bn maize
News

Deal paves the way for millers to get Sh1bn maize

Thursday, June 6, 2019 11:14


By GERALD ANDAE

Previous State food subsidies have generated heated controversy
Previous State food subsidies have generated heated controversy, with accusations of collusion between public officials and cartels who abuse the process to pocket illegal gains. FILE PHOTO | NMG

The National Cereals and Produce Board (NCPB) is set to release maize worth Sh1 billion to millers who have paid for the grain following a deal brokered by senior government officials, including Head of Public Service Joseph Kinyua.

Mr Kinyua, Interior Secretary Fred Matiang’i and Principal Secretary Karanja Kibicho reached the agreement after they met with officials from NCPB and the Strategic Food Reserve Trust Fund (SFRT) chief executive Omar Salat.

The meeting came a day after the Ministry of Agriculture stopped distribution of maize to milling firms following complaints of diversion of the State-subsidised staple.

“My CEO met with top government officials on Monday (who) issued a directive to NCPB to release the grain to those millers who have already paid,” said SFRT chairman Noah Wekesa.

Previous State food subsidies have generated heated controversy, with accusations of collusion between public officials and cartels who abuse the process to pocket illegal gains.

The government is selling a 90-kilo bag of maize at Sh2,300 against the market price of Sh3,300, while the grain meant for animal feed will be sold at Sh1,600 for the same quantity.

Dr Wekesa said NCPB has decided to release the maize urgently to curb the rising cost of flour in the market, which has now hit Sh120 for a two-kilogram packet.

The cereals board is set to start releasing the stocks to millers today.

“Those who have paid can now collect their stocks starting Thursday. Our aim as SFRT is to ensure that there is sufficient grain in the market to safeguard the interest of consumers,” said Dr Wekesa.

The Grain Mill Owners Association and the Association of Kenya Feeds Manufacturers had warned that Kenyans were going to run out of maize flour in a few days and that the price of livestock meals was set to rise further if the grain is not released immediately.

The government had allocated maize to millers based on their installed processing capacity, with the larger processors getting 1.1 million bags while their small-scale counterparts were to receive about one million bags.


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]
Kenyan Business Feed

Kenyan Business Feed

Recommended.

Pastor Kanyari flaunts colourful mansion years after KSh 310 expose ▷ Kenya News

May 15, 2019

Diamond Platnumz’s Kenyan lover finally spills the beans on how their relationship started ▷ Tuko.co.ke

May 12, 2019

Subscribe.

Trending.

Tourism CS Rebecca Miano joins Samburu leaders at the Maralal Camel Derby, which draws 30,000 visitors and boosts cultural tourism in northern Kenya.

Maralal Camel Derby Draws 30,000 Visitors as Festival Anchors Samburu on Global Tourism Map

September 28, 2025
Co-operative Bank of Kenya recognized at Global SME Finance Forum 2025 for innovative business banking solutions supporting SMEs across Africa.

Co-op Bank Honored at Global SME Finance Forum 2025 for Advancing SME Finance and Innovation

September 22, 2025
Tourism CS Rebecca Miano commissions a new TRA fleet to expand inspections and regulatory oversight in Kenya’s tourism sector.

New TRA Fleet Commissioned to Expand Inspections and Enforce Compliance Nationwide

September 28, 2025
Kenyans to enjoy free entry to all national parks on World Tourism Day as government promotes conservation and domestic tourism.

Free Entry to National Parks Announced for World Tourism Day as Sector Pushes Sustainability Agenda

September 28, 2025
Co-op Bank hosted the Naivasha Horticultural Fair, connecting farmers with agritech, financial solutions, and market opportunities.

Farmers Explore Technologies and Market Opportunities as Co-op Bank Hosts 22nd Naivasha Horticultural Fair

September 22, 2025
Kenyan Business Feed

We focus on news, analysis, and reports about Kenyan business, covering sectors like agriculture, finance, tourism, and technology.

Categories

  • African
  • Agribusiness
  • Courts
  • Education
  • Health
  • Hospitality
  • Manufacturing
  • NetWorths
  • News
  • Reports & Analysis
  • World Business

Popular News

  • First look at the prison where El Chapo may live for the rest of his life

    First look at the prison where El Chapo may live for the rest of his life

    2157 shares
    Share 1040 Tweet 466
  • Sameer Africa CEO Sacked

    1804 shares
    Share 750 Tweet 439

Recent News

Tourism CS Rebecca Miano joins Samburu leaders at the Maralal Camel Derby, which draws 30,000 visitors and boosts cultural tourism in northern Kenya.

Maralal Camel Derby Draws 30,000 Visitors as Festival Anchors Samburu on Global Tourism Map

September 28, 2025
Kenyans to enjoy free entry to all national parks on World Tourism Day as government promotes conservation and domestic tourism.

Free Entry to National Parks Announced for World Tourism Day as Sector Pushes Sustainability Agenda

September 28, 2025
  • Home
  • African
  • News
  • Education
  • Health
  • Reports & Analysis
  • World Business

© 2025 KBF

No Result
View All Result
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business

© 2025 KBF