Tanzanian farmers will enjoy massive subsidies over fertilizer during the 2022/23 season after President Samia Suluhu Hassan launched a fertilizer subsidy programme yesterday.
Agriculture minister Hussein Bashe says with the subsidy in place, a bag of DAP that was sold for TSh131,675 will now cost TSh70,000, while that of Urea, which used to fetch TSh124,714, will cost TSh70,000.
A bag of CAN, which used to fetch TSh108,156, will now sell at TSh60,000, while that of NPKs, which cost TSh122,695, will now cost TSh70,000.
Under the subsidy arrangement, the government will pay for a TSh52,000 subsidy.
The fertilizer subsidy programme comes within just weeks after the government raised the budget for agriculture from TSh251 billion in the 2021/22 financial year to Tsh951 billion