NCPB releases maize stocks to tame flour price

NCPB managing director Joseph Kimote. PHOTO | JEFF ANGOTE | NMG

The National Cereals and Produce Board (NCPB) has sold its entire maize stocks to millers in a quest to lower the current high prices of flour.

NCPB managing director Joseph Kimote said the agency has released 200,000 bags of maize to millers at lower prices to try and address the runaway price of flour that has now hit a historic high of Sh148 from Sh125 previously for a two-kilogramme packet.

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