By GERALD ANDAEMore by this AuthorThe release of more than two million bags of cheap maize from the National Cereals and Produce Board (NCPB) to tame rising flour prices has been delayed due to a lack of cash for moving the grains from the silos. The NCPB is meant to release more than two million bags of maize to millers in a bid to check the rising cost of flour that has so far hit Sh121 for a two-kilo packet from Sh90 in February. “The NCPB is ready to release maize from the stores but the only challenge has been logistics, which we are currently addressing,” said Dr Tuimur, adding that the agency had requested for Sh50 million for the movement of the grain from the silos. The government agreed with millers two weeks ago to release at least three million bags of maize from the Strategic Food Reserve at Sh2,300 a 90-kilogramme bag to curb the rising cost of flour. The NCPB will also release 300,000 bags of maize to animal feeds manufacturers to contain high cost of the prices being witnessed currently.

Source: Daily Nation May 16, 2019 19:18 UTC