Twiga Foods boss Peter Njonjo transferred 20,000 acres handed to him by president Ruto’s administration in the Galana-Kulalu scheme to his private company. Official records from the company registry show that Selu Limited, the firm granted the rights to develop the irrigation scheme, is fully owned by Njonjo, and not Latin American and US firms as the Twiga boss had earlier said.
Irrigation Principal Secretary Gitonga Mugambi said in March that the choice of Twiga was based on the work that they had done locally. Documents from the companies’ registry and which Njonjo did not refute show that the Twiga managing director is listed as Selu’s director holding all the 500 ordinary shares while a Ms Enid Kathambi holds the post of company secretary with zero shareholding.
Twiga, which employs technology to connect suppliers and consumers of agricultural products, had been allotted land at the Galana-Kulalu project by the State earlier in the year to undertake a pilot scheme on which the expansion to 20,000 acreage of maize farming would be modelled.
If actualized, the scheme will generate an annual production equivalent to the average maize deficit in the country over the last five years and over 10 percent of Kenya’s annual production.
Source: businessdailyafrica.com
