Sign in
Download Opera News App



Sh. 295 Million State-Owned Plant That Has Been Idle 28 Years Since Purchase

(Information courtesy of BIZNAKENYA)

A 295 million State owned Plant, has been idle for 28 years now, since it was purchased by the government. The plant is a product of Nzoia Sugar Company. It has been inactive for more than three decades. It was bought for use in sugar crushing.

This has been revealed by Nancy Gathugu, who is the senior auditor general. Gathugu says that the plant, was acquired in 1993,and it was part of a production expansion programme, that was meant to increase the processing capacity of cane from 3000 tonnes to 7000 tonnes.

Nancy said that the state department, for public works, has already given the reserve prices, for possible disposal of an idle plant.The report also noted that Nzoia Sugar, had piled chemicals and spares for its machinery, amounting to sh. 137 million. According to Ms. Gathungu, though, the items have never been used to date. The plant is just there with all the chemicals inside it.

Content created and supplied by: Brianwanga269 (via Opera News )

BIZNAKENYA Gathugu Nancy Gathugu Nzoia Sugar Company


Load app to read more comments