Wednesday, September 28, 2022
No menu items!
HomeBusinessKenya: President-Elect Ruto to Announce Reduced Unga, Fertilizer Prices Next Week

Kenya: President-Elect Ruto to Announce Reduced Unga, Fertilizer Prices Next Week

Nairobi — President-Elect William Ruto says he will announce new fertilizer prizes next week after he held consultations with various stakeholders.

Speaking during a thanksgiving interdenominational service in Meru Sunday, the president-elect says tis will bolster the agricultural sector which he says is the backbone of the economy.

“We have had meetings with those in the Ministry of Agriculture and we will announce new fertilizers prices that we would have reduced by next week,” he stated.

“We have started a journey of changing the agriculture sector,” the president elect said.

The statement comes even as he promised that come next week, they will announce reduced prices of Unga.

“Already I have had talks with officials from the Ministry of Agriculture so that we can work on the prices of Unga and next week I will announce to the cereal farmers the new fertilizer prices,” he said.

“Right now, they are buying fertilizers at 6,500 but we will give them new prices so that they can produce the agricultural products which will help reduce the maize prices,” he added.

In his campaign pledges, Ruto had vowed to lower the prices of farming products if elected. He had pledged to lower fertilizer prices from Sh6,000 to Sh2,500.

Ruto assured that that his administration will to lower the cost of agricultural input and cut off brokers and cartels frustrating farmers.

The price of planting fertilizer in the current season hit a high of over Sh6,500 while CAN for top dressing was between Sh6,000 and Sh7,000 depending on the outlets while urea was over Sh7,000 per 50 kg bag.