The Malawi Government has rebuffed the request from opposition parties to reduce the price of maize which is currently being sold at K250 per Kg in different Admarc depots across the country.
On Monday during the opening of the 46th session of Parliament, People’s Party (PP) interim president Uladi Mussa asked government to reduce the maize price, which is equal to K12,500 per 50Kgs, saying the price is too high and many Malawians are failing purchase the maize.
Mussa continued to say that failing to comply with their request means that the DPP government does not care for Malawians.
Responding to the request on behalf of government, Minister of Agriculture George Chaponda said government cannot reduce the price of the maize because Admarc took a loan worth K22 Billion to buy the maize.
“If government reduces the maize price this will affect Admarc because it will not be able to pay back the loan so the price will be maintained,” said Chaponda.
For the past months, Malawians have been complaining saying that the maize price is too high for many people who live in villages since their income levels are very low to afford to buy the maize.