NCBP to be merged with two State firms, Ruto says

Deputy President William Ruto has revealed plans to merge three State corporations.

They include the Agricultural Finance Corporation (AFC), National Cereals and Produce Board (NCPB) and the Agricultural Development Corporation (ADC).

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“I don’t see why we should not merge the three because it will increase efficiency, resolve overlaps and make better use of resources,” said Mr Ruto.

He was speaking when he launched a 14-member task force at his office in Nairobi on Friday.

Officials from the Agriculture Ministry, Office of the Deputy President, National Treasury, Public Service, ADC, AFC and NCPB will be in charge of the merger.

They will be tasked with developing recommendations on how to effectively implement the merger.

“They must come up with recommendations within 90 days,” the DP said.

Agriculture CS Mwangi Kiunjuri and his Principal Secretary Richard Lesiyampe were among those at the Friday meeting with DP Ruto.

Mr Lesiyampe said their focus is on weak financial clout and limited legal regulatory environment especially on matters pertaining to AFC.

“We are putting in place proper mechanisms that can improve service delivery including restricting the governance structure of parastatals under the ministry,” said Mr Lesiyampe.