President William Ruto has announced that the Government will fund Nzoia Sugar Company to overhaul its obsolete equipment.
The President noted that the Government would also provide funds to boost the cultivation of its Nucleus Estate.
He said the move seeks to increase the company's sugar cane production and milling capacity for it to operate optimally.
"We want to ensure this factory flourishes, spurs economic growth and expands employment opportunities for the people of Nzoia and its environs," the President remarked.
The Head of State disclosed that the Government would change the management of the company to a professional and private management.
"We are going to have a new management model that is going to serve the interests of the public and farmers," he said.
He spoke at Nzoia Sugar Company in Bungoma County in the company of Deputy President Rigathi Gachagua, Prime Cabinet Secretary Musalia Mudavadi, National Assembly Speaker Moses Wetang’ula, Bungoma Governor Ken Lusaka and MPs.
The President mentioned that the Government had constructed and equipped more than 150 technical and vocational institutes across the country.
President Ruto said this was part of the Government's commitment to equipping the youth with market-ready competence.
The Head of State explained that the Government is deliberately implementing programmes that will absorb students from tertiary colleges, citing County Aggregation and Industrial Parks and the Affordable Housing Projects.
"Our goal is to equip youth with practical skills so that we can employ them upon completion. For the first time we have a compressive plan for creating jobs for the youth using deliberate government programmes," Ruto stated.
At Nabing'eng'e in Bungoma County, he officially opened the Bungoma North Technical and Vocational College.
He said the Government is establishing ICT hubs in every ward across the country to ensure youth benefit from digital job opportunities.