Govt oils NCZ production wheels with K680m recapitalisation
Published On June 8, 2022 » 1512 Views» By Times Reporter » Latest News
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. Phiri

By JAMES KUNDA –
THE Government has recapitalised the Nitrogen Chemicals of Zambia (NCZ) in Kafue with K684million.
Agriculture Minister Mtolo Phiri said K480million of the fund had already been disbursed, leaving a balance of K204million.
“The balance will be given to NCZ as soon as they provide documentation on the utilisation of the funds which will help in the production of 50,000tonnes of fertiliser for the 2022/2023 farming season,” Mr Phiri said.

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