NO Subsidy On UNGA, President Ruto Tells Raila Odinga
President William Ruto has ruled out the return of unga subsidy amid calls to lower the cost of living.
Speaking in Gichugu, Kirinyaga County on Saturday, October 15, during the launch of the Sh7.8 billion Thiba Dam, the president said the unga subsidy programme was unsustainable.
His remarks come on the back of calls by the opposition, led by Raila Odinga, to reduce the economic burden on Kenyans.
The President explained that the strategy took into account the long-term endeavor to lower food prices as opposed to short term strategy of using subsidies on individual products.
“Our competitors must know that we have a different approach. They are subsidizing consumption and we are going to invest in production. “It makes a world of difference and we are going to teach them Agricultural economics,” Said the President
“You used Ksh8 billion in a month to subsidize unga that did not even reach the citizens. We will use the same Ksh8 billion to subsidize 6 million fertilizer bags to aid farmers to reduce the cost of living,” he added.