Government has disclosed that the Food Reserve Agency (FRA) made more than K2 billion as profit from maize exports during the 2006/2007 and 2007/2008 crop marketing season.
Agriculture and Cooperative Deputy Minster Albert Mulonga told parliament today that the Agency exported about 246 Metric Tonnes of maize to seven countries in the southern African region.
He named the countries as Angola, Botswana, Democratic Republic of Congo (DRC), Malawi, Namibia, South Africa and Tanzania.
Mr. Mulonga explained that during the 2006/2007 marketing season, the country exported a total of 60,730 MT of maize valued at K58, 103 billion were as in 2007/2008 season the FRA exported 241,000,64MT at a value of K185, 906 billion.
He also disclosed that during this some period the profits were broken down as K6, 852 billion for 2006/2007 and K2, 696 billion for 2007/2008.
Mr. Mulonga was responding to a question asked by United Party National Development (UPND)’s Luampa Member of Parliament (MP) Mwiya Limata who wanted to know how much profit was made by FRA from maize exports in the following years 2006 ,2007 and 2008 and to which countries .
And Agriculture and Cooperative Minister Brian Chituwo clarified that these exports have nothing to do with current maize shortages in the country.
Dr. Chituwo explained that FRA only exports maize to neighboring countries when the country has enough grains to satisfy the local market.
Dr. Chituwo was answering to a question raised by UNPD Monze central MP Jack Muiimbu who wanted to know why FRA was exporting the staple food when the country does not have enough for the local market.
He said FRA is an Agency mandated by government to safe guard the food reservoirs of the country, adding that it only exports when it has more than enough.
He explained that the reason why FRA exports its surplus it is because it is the only way it raises funds to pay back the small scale farmers that supply maize to the Agency.
The Minster further said that FRA is expected to use some of the profits to improve it storage capacity by rehabilitating and constructing more maize storage facilities across the country.
ZANIS/MM/AM/ENDS