Tuesday, April 23, 2024

Reprieve to farmers as Government reduces fertiliser prices

Farmers across the country have a reason to smile following the government announcement to subsidize the prices of fertilisers.

The Ministry of Agriculture has announced an allocation of Sh5. 7 billion to subsidize up to 114, 000 tons of fertiliser.

Cabinet Secretary Peter Munya said DAP fertilizer will retail at Sh2, 800, CAN at Sh1, 850, UREA at Sh2, 700, and NPK at Sh3, 000.

On the other hand, MOP will cost Sh2, 500 and Sulphate Ammonia drops to Sh2, 500.

DAP fertilizer will retail at Sh2, 800, CAN at Sh1, 850, UREA at Sh2, 700, and NPK at Sh3, 000.

Peter Munya

Most of the fertilisers had been retailing at as high as Sh7,000 for a 50-kg bag.

The drop in the prices come following a two-year partnership deal between the National Cereals and Produce Board (NCPB) and the government to have the prices reduced.

Munya said the new fertiliser prices will take effect on April 2, 2022.

Polycarp Ochienghttp://www.lakeregionbulletin.co.ke
A talented multimedia journalist with a passion for storytelling through the lenses of a camera and a pen. I have honed my skills in photography and videography to perfection, capturing stunning visuals that bring stories to life. With an eye for detail and a creative mind, I excel in creating compelling visual content that engages and resonates with audiences. In addition to visual skills, I am an exceptional writer with a talent for crafting features for both print and broadcast media. My writing skills are complemented by my ability to conduct thorough research and write winning proposals.

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