Government cuts fertilizer price to Ksh2,000, halves maize seed costs
Under the new intervention, farmers will purchase a 50kg bag of subsidized fertilizer at Ksh 2,000, down from Ksh 2,500 The post Government cuts fertilizer price to Ksh2,000, halves maize seed costs appeared first on KBC Digital .
The Government of Kenya has announced a significant reduction in the prices of subsidized fertilizer and certified maize seed, with the aim of supporting farmers affected by drought and strengthening national food security. Under the new intervention, farmers will purchase a 50kg bag of subsidized fertilizer at Ksh 2,000, down from Ksh 2,500, while the Government will meet 50% of the cost of certified maize seed, reducing the farmer’s price from Ksh 300 to Ksh 150 per kilogramme.
This means that a 2kg pack of maize seed will cost Ksh 300 instead of Ksh 600, and a 25kg pack will cost Ksh 3,750 instead of Ksh 7,500. The maize seed intervention targets approximately 40 million kilogrammes, translating to an estimated Ksh 6 billion in Government subsidy. These measures are part of President William Ruto’s administration’s shift from subsidising consumption to subsidising production by lowering the cost of inputs, supporting farmers to produce more and strengthening national food security.
Brief written by urgent.news from KBC's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
