Federal Wheat Procurement Flounders
Federal Wheat Procurement Flounders
Procurement officials at the federal government have floundered in their efforts to buy hundreds of thousands of tonnes of wheat due to uncertainties over lack of interested bidders and technical issues.
The import of wheat is considered crucial to stabilise the market and provide welfare to low-income groups. The Ethiopian Trading Business Corporation (ETBC), a state-owned enterprise established with a capital of 3.8 billion Br in 2015, has been given the mandate to buy wheat this year, unlike in the past when the Public Procurement & Disposal Service carried out the task.