Kenya will once again dig deeper in their pockets after the government through CS Peter Munya suspend the Ksh 100 Maize Floor Subsidy.
Through a memo, Agriculture CS Peter Munya confirmed that the ongoing subsidy plan by the government will seize to be operational due to inadequate funds.
“Due to inadequate exchequer releases from the National Treasury, it has been decided that, the Maize Flour Subsidy Program be suspended with immediate effect,” said CS Munya
- Ruto slams gov’t over reduced maize flour prices
- Maize flour to retail at Ksh 100 from Monday
- Millers confirm maize flour price reduction by Ksh 2
In July, President Uhuru Kenyatta announced a number of plans by his government to cushion Kenyans from the high cost of living that was becoming unbearable.
Among those measures in his agenda was to reduce the price of a 2Kg packet of unga that was then retailing at an average of Ksh 225 to Ksh 100 following discussions with millers in the country.
To make the orders possible, the Head of State confirmed the immediate suspension of the Railway Development Levy and the Importation Declaration fee by the government, costs that hugely impacted the millers.
Even after the news, supermarket shelves lacked the precious product prompting the government to hold another meeting with the millers on the same issue.
Maize floor prices in the country have hugely been affected every election period with the 2Kg packet retailing at Ksh 90 back in 2017.
The post Gov’t suspends Ksh 100 maize floor subsidy with immediate effect appeared first on News Moto.
