The Food Reserve Agency-FRA- has purchased over 500,000 metric tonnes of non-Genetically Modified grade `a` white maize from the local market during this year’s crop marketing season.
FRA Public Relations Coordinator John Chipandwe says the purchased quantity is equivalent to over 11,700,000 x 50 kg bags of white maize.
Mr Chipandwe says the cost of the purchased maize is over K4 billion, and that as at 9th October, 2024, over K3 billion was paid out to maize suppliers, representing a 73% achievement rate.
He has informed farmers that are yet to be paid that payments are currently on-going based on the principle of first-come-first served basis and soon all farmers will be cleared.
And Mr Chipandwe says in order to respond adequately to the current drought situation in the country, FRA has been implementing various strategic methods of buying maize from the local market beyond the traditional mode of buying using satellite depots.
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