President William Ruto has revealed his administration's strategy in tackling Kenya's skyrocketing cost of living affecting numerous families.
Speaking in Kirinyaga on Saturday, October 15 during the launch of Thiba Dam, the Head of State confirmed that he prefers a different, and unpopular, strategy of capitalising in production subsidy as opposed to consumption.
The President explained that the strategy took into account the long-term endeavor to lower food prices as opposed to short term strategy of using subsidies on individual products.
"Our competitors must know that we have a different approach. They are subsidising consumption and we are going to invest in production.
"It makes a world of difference and we are going to teach them Agricultural economics," Ruto told the congregation.
He further slammed his predecessor Uhuru Kenyatta's choice to spend Ksh8 billion on maize flour subsidy which he argued never reached the citizen.
Instead, he is planning to spend a similar amount on subsidizing 6 million bags of fertiliser to boost production.
"You used Ksh8 billion in a month to subsidise unga that did not even reach the citizens. We will use the same Ksh8 billion to subsidise 6 million fertiliser bags to aid farmers to reduce the cost of living," he added.
The President hit out at former Prime Minister Raila Odinga who took a swipe at the current administration arguing that it was not working towards lowering prices as they had pledged.
Raila also promised to keep the government in check to ensure that they meet their promises.
“Baba is here. I have heard your cries and suffering and after going quiet for a while, I have come here to hear you and I am ready to help.
“After 100 days, we will start asking them questions. The other day they were given free fertilisers from Russia and now they are selling the same fertiliser to farmers for Ksh3,500," argued the former Prime Minister.
Gachagua, however, had took an issue with Raila's stance claiming that he should also have held the Uhuru regime to account.
"You are doing a good job of correcting us. If you did the same job of keeping Uhuru Kenyatta in check, we would not have reached where we are today. You abandoned your duty to oversight Government," stated Gachagua.
