normal_post - Investigate lack of supply of NFA rice - Philippine Daily News Author Topic: Investigate lack of supply of NFA rice  (Read 154 times)

  • Webmaster
  • *****
  • avatar_1382_1499847132 - Investigate lack of supply of NFA rice - Philippine Daily News
  • Posts: 23367
  • medal1 - Investigate lack of supply of NFA rice - Philippine Daily Newsmedal2 - Investigate lack of supply of NFA rice - Philippine Daily Newsmedal3 - Investigate lack of supply of NFA rice - Philippine Daily News
  • NEED A WEBSITE? email me:
    • Share Post
xx - Investigate lack of supply of NFA rice - Philippine Daily News
Investigate lack of supply of NFA rice
« on: February 08, 2018, 05:50:49 AM »
Press Release: HON. MICHAEL “MIKEE” L. ROMERO, Ph. D.
1-PACMAN Party-list

Assistant Majority Leader
Vice Chair, Youth & Sports Development and 2 other Committees


I have just filed a Resolution asking the House of Representatives to urgently and immediately convene and conduct an investigation, in aid of legislation and in the exercise of congressional oversight functions, into the current lack of supply of NFA rice at the public markets, reportedly because of the suspension of the sale of NFA rice because of limited buffer stocks. I am a Member of the House Committee on Food Security.

The probe would be jointly conducted by the Committees on Agriculture and Food and Poverty Alleviation, and the Special Committee on Food Security, which will ascertain whether or not the suspension and the supposed cause or causes are the workings of any syndicate or syndicates within and outside of the NFA in an effort to artificially create a supply shortage and price surge involving rice ultimately sold at retail.

Incumbent NFA Administrator Jason Aquino has said, citing Philippine Statistics Authority (PSA) data, “that the slight increase in rice prices at this time happens each year, during this same period, not because of external influences such as tax measures but as a natural consequence of the lack of harvest and the sale of newly-milled stocks bought at higher prices.”

During the investigation, the committees can conduct a swift and initial audit of the NFA rice inventories, as well as of the NFA administrative and accounting controls and the importation procedures at the Bureau of Customs, involving those inventories;

It is my hope that the investigating committees will determine whether or not the recurring rice supply shortage and price hikes over the past five to ten years is the result of anti-consumer and anti-farmer manipulation of the country’s rice supply and prices;

This investigation is consistent with the priority of President Rodrigo Roa Duterte and of the 17th Congress on fighting and weeding out graft and corruption in government.


The National Food Authority (NFA) is the government agency mandated to ensure national food security and stabilize supply and prices of staple cereals both in the farm and consumer levels, and in furtherance of this is tasked regulate the importation of rice, corn and other cereals, procure rice and maintain buffer stocks of rice to ensure the availability of affordable rice to the Filipino people, especially the poor.

According to the NFA its inventories of rice this January 2018 are now limited and there is the possibility that they would be able to supply consumers with NFA rice.

The NFA has said that, “between December 2017 and January 2018, the retail price of well-milled rice increased by only about P0.11/kg, from an average of P42.26 to P42.37/kg on the national level and P1/kg in Metro Manila, from P40 to P41/kg. For regular-milled rice, the price increase was about P0.19/kg, from P38.05 to P38.24/kg on the national average and higher by P0.50/kg for Metro Manila, from P37-P37.50/kg.”

The NFA further disclosed this January 2018, that its “review of the monthly and annual trend in prices from the Philippine Statistics Authority (PSA) showed that prices of regular-milled and well-milled rice tend to increase by P1-P2/kilogram between December and February.”

Going to travel? Book your place to stay at

Romans 10:9-10
"If you declare with your mouth, Jesus is Lord, and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you profess your faith and are saved."

Get FREE 500GB cloud storage:

Share via facebook Share via linkedin Share via pinterest Share via tumblr Share via twitter

Duty Free Philippines Supply Scam

Started by on Philippine Daily News

0 Replies
Last post April 03, 2018, 06:46:02 AM

Latest Topics

Poem by Charlie Chaplin by
[Yesterday at 01:33:06 AM]

Livelihood Expo by
[Yesterday at 01:01:18 AM]

Kahilom by
[Yesterday at 12:43:13 AM]

Handurawan by
[Yesterday at 12:40:41 AM]

Paghandom by
[Yesterday at 12:35:39 AM]

Spider Cat by balong
[August 19, 2019, 10:04:22 PM]

become a kung fu master by balong
[August 19, 2019, 09:55:48 PM]

The Bond Movies by balong
[August 19, 2019, 09:41:03 PM]

if i was RICH by balong
[August 19, 2019, 09:12:17 PM]

bitamin sa mata by balong
[August 18, 2019, 10:15:41 PM]

SMF spam blocked by CleanTalk
Powered by SMFPacks SEO Pro Mod | Sitemap
Mobile View
SimplePortal 2.3.7 © 2008-2019, SimplePortal