Economy

Agency claims over K1 billion paid to farmers for supply of 343,013 tonnes of maize

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More than K1 billion has been paid to farmers that delivered grade A white maize during this year’s on-going crop-marketing season.

Food Reserve Agency (FRA) Public Relations Coordinator, John Chipandwe, said in Lusaka on Wednesday.

Chipandwe made the announcement in a statement, saying that the agency had paid out a total of K1,920,876,160 to farmers in the country.

He said the amount was for the total quantity of maize purchased as at September 25, 2023 which was 343,013.60 metric tonnes.

“This is equivalent to six million, eight hundred and sixty thousand, two hundred and seventy-two by fifty kilogramme bags of white maize (6,860,272 X 50kgs),” Chipandwe said.

He also said following the agency’s decision to start paying cash on the spot to farmers that supply maize, a total of 1,796.20 metric tonnes had been purchased.

Read More: Food Reserve Agency starts cash payment of maize on delivery

Chipandwe said this was equivalent to 35,924 x 50kgs bags of Maize at a cost of K10,058,720.

“The Agency is calling upon farmers that still have maize to deliver the stock to the nearest FRA depot and contribute in sustaining national food security,” he said.

Chipandwe said the marketing season was still in progress and farmers were, therefore, encouraged to continue supplying their crops to the agency and get paid immediately.

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