Unga prices likely to shoot as Gov’t fails to pay subsidy balance- Unga Millers.
Unga prices are likely to shoot; This is according to a recent report from the Kenyan millers.
The United Grain Millers association, through their chair, Ken Nyaga, stated that they can no longer continue milling because of financial contraints.
He raised the concerns because some millers have shut down while others are slowing down in the milling.
Nyaga stated,” Some have shut down, while some have slowed down on operations because they cannot afford to buy maize.”
“We are looking at a very hard time when we do not have money because this money is owned by the government expecting us to buy and bring the cost of flour down,” he added.
He aggrieved the most millers are now operating through loans, because their grievances to the government are landing on deaf ears.
They also complained of the high cost of maize that has made them strain in purchasing their needed stock. They cautioned that Kenyans will have to hold their hopes of Unga prices going down, because the situation is worse than before.
Early this month, the National Assembly declined to approve payment of over Ksh2.9 billion arrears owed to the millers who took part in the subsidy programme.
The lawmakers stated that they did not have an audit of the exact quantity of flour that was supplied.
However, the millers have stood their ground saying that the supply records were audited by the Kenya Revenue Authority (KRA) to ascertain the quantity