Reprieve for taxpayers, farmers as country set to commence production of cheaper fertilizer

Kenya is set to commence production of cheaper fertilizer at the end of this month, a move that is set to be a boon for both farmers and taxpayers.

As part of the drive, a Sh120 billion plant based in Eldoret is expected to produce 150,000 metric tonnes of fertilizer.

Once the project succeeds, taxpayers will no longer be burdened based on the latest data from the Auditor General, which revealed that the country pays close to Sh350 million to ghost fertilizer companies annually.

Furthermore, farmers, especially those from the North Rift Region and Western region, will have access to cheaper fertilizer beginning in next planting season, a move that would further boost their production output per unit area.

Toyota Tsusho East Africa Chief Executive Officer (CEO) Akira Wada, confirmed earlier this month when he hosted Uasin Gishu Governor Mondago that the firm will commence its operations before the end of this month.

“Farmers will be buying fertilizer at a fairly cheaper price compare to what they were used to. We are doing this to ensure that we as a country play a major role to ensure production of enough food thus kicking hunger out of the nation,” said Wada.

Maize farmers have, in the recent past, faced difficulties during the planting season while dealing with unscrupulous brokers. It has emerged that these middlemen buy fertilizers at a retail price then sell it back to farmers at more expensive prices, a move that has been deterring small-scale growers from accessing fertilizer.

“We are sold fertilizer at over Sh3500 per 50 kg bag which they buy from the NCPB at as low as Sh1,800. The same brokers further charge us transportation fee,” an unnamed small-scale farmer told the X-News business desk.

The new Eldoret plant comes at an opportune time when the state seeks to ensure that farmers across the country benefit from reliable sources of fertilizer while creating employment opportunities for the youth.


Previous CBK Governor calls on students to embrace culture of service for patriotic leadership
Next Business News Highlights

You might also like

News 0 Comments

News Headlines

KDF recruitment kicks off Monday next week The Kenya Defence Forces (KDF) is from Monday next week set to embark on a one month recruitment exercise. A statement from the

Latest 0 Comments

State appeals for blood as shortage hit hospitals

The Ministry of Health has appealed to Kenyans to donate blood amid an acute shortage of the life-saving commodity in various hospitals across the country. Speaking under the auspices of

Latest 0 Comments

Business highlights May 30 2017

CBK’s benchmark interest rate to remain at 10 per cent For the fourth time in a row, the Central Bank of Kenya (CBK) has retained its benchmark interest rate at


No Comments Yet!

You can be first to comment this post!

Leave a Reply