Government threatens to regulate price of maize floor

Agriculture CS Felix Koskei: He said a 2kg packet of Maize Flour should retail at KES 75. (PIX:Courtesy)

The government will be forced to regulate prices for maize flour if millers fail to reduce prices following a significant reduction in the cost energy and fuel.

Agriculture Cabinet Secretary Felix Koskei said though the cost of production has gone down, the millers have not reduced their prices.

Mr. Koskei was speaking at the Port of Mombasa when he flagged off 25,000 tonnes of fertilizer. He said a 2 kilogram bag of Maize flour should retail at KES 75.

The Agriculture CS said the government has allocated KES 7.5bn for importation of fertilizers that will be sold to farmers at subsidised prices. A 50 kg bag of Diamonium Phosphate will be sold at KES 1,800 down from KES 2,000.

The CS said farmers across the country will start accessing the subsidised fertilizer this weekend, after 25,000 metric tonnes of fertilizer was discharged at the port of Mombasa on Thursday for distribution to the National Cereals and Produce Board depots countrywide in readiness for the planting season.