Nzoia Sugar Factory to resume production Sunday after President Uhuru's KSh500 Million bailout

President Uhuru said that his administration has been working to empower sugarcane farmers but some leaders charged with that responsibility sabotaged the Government’s efforts by crippling the operations of the sugar sector.

Tv47 for Tv47 Digital August 03, 2022, 01:59 PM

Nzoia Sugar Factory to resume production — President Uhuru Kenyatta (right) and Agriculture Cabinet Secretary Peter Munya when they visited Nzoia Sugar Factory on Tuesday, August 3, 2022.

In Summary

President Uhuru Kenyatta has announced a KSh500 million bailout to offset arrears owed to farmers and workers of Nzoia Sugar Factory.

Uhuru directed Agriculture Cabinet Secretary Peter Munya to ensure KSh450 million owed to farmers is accredited to their bank accounts while KSh50 million is paid to the factory workers by Friday this week.

The Nzoia Sugar Factory is set to resume production this coming Sunday following President Uhuru Kenyatta’s announcement of KSh500 million bailout to offset arrears owed to farmers and workers.

The President, who made the announcement on Tuesday when he visited the factory located in Bungoma County, directed Agriculture Cabinet Secretary Peter Munya to ensure KSh450 million owed to farmers is accredited to their bank accounts while KSh50 million is paid to the factory workers by Friday this week.

President Uhuru emphasized that his administration has been working to empower sugarcane farmers but some leaders charged with that responsibility sabotaged the Government’s efforts by crippling the operations of the sugar sector.

He pointed out that despite allocating close to KSh1.2 billion to the Nzoia Sugar Factory, the investment amounted to nothing because the funds were not used for the intended purposes.

“Managing Director, Mr. Crispin Omondi, has promised that by Sunday the factory will again start its operations,” President Kenyatta said.