Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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This maize maneno is the biggest scandal ever and will finish this country since the multi-billion scam is repeated each year. https://www.businessdail...7270-76t79vz/index.html
Quote: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.
Mr Sang told the committee chaired by Uasin Gishu Senator Margaret Kamar that the NCPB requires funds to upgrade its silos and keep maize for more than six months. “We have advised them (SFR) to sell the maize in Kisumu because there is market there. Unfortunately it cannot be sold at Sh3,200 as it was bought because market price has dropped to between Sh1,500 to Sh2,000,” he said.
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 identifies the real farmers.
“Some of the maize we have in our silos has stayed for more than the recommended period of six months. The maize we are holding is about nine months old but is becoming yellowish and brownish, making it unattractive to millers who may not buy it,” Mr Sang told an ad-hoc committee.
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