NCPB at risk of losing Sh8bn maize stocks

What you need to know:

  • NCPB acting managing director Alvin Sang told the Senate that the SFR board, which is required to make critical decisions such as selling the stock, is currently dysfunctional, leaving the 3.6 million bags of maize at the risk of going to waste.
  • Mr Sang said the 3,626,973 bags of maize in the SFR on April 18, 2018 included 300,000 bags of maize that was imported from Mexico in the last crop season.
  • A total of 10.5 million bags of maize were imported from Mexico during the duty free maize importation window between May and December 2017.
  • Mr Sang said NCPB has so far paid farmers Sh8,053,320,000 leaving Sh3,575,854,400 as pending bills of which Sh1.4 billion will be paid as soon as the multi-agency team working on the issue identities the real farmers.

The National Cereals and Produce Board (NCPB) could lose Sh8.5 billion worth of maize in its strategic food reserve (SFR) that is already yellowing and browning in the silos less than one year after it was bought from farmers.

Welcome!

You're all set to enjoy unlimited Prime content.