News
NFA Assures Continuous Sale of Low-Priced Rice
The National Food Authority (NFA) assures the public that the agency will continue to distribute its P27 and P32 per kilogram rice in the markets to ensure that consumers will have alternative sources of low-priced rice.
Currently, NFA distributes rice through its 15,892 inside and outside market accredited retailers and outlets, such as Institutionalized Bigasan sa Palengke, Biogasan Bayan, Barangay Bagsakan/Barangay Food Terminal, Bigasan sa Parokya, rolling stores, and the Tagpuan Rice Response Delivery (TRRD) in remote barangays.
NFA rice distribution also includes those released to relief agencies in response to calamities or disasters, other government agencies, and for NFA programs.
From January to Aug. 23, the NFA had already distributed a total of 4,443,082 bags of rice through its accredited retailers, outlets, and other recipients.
In a meeting on Sept. 4, the NFA Council approved an additional importation of 250,000 metric tons of rice to beef up the current NFA stocks and enable the agency to effectively respond to the growing clamor for cheaper rice.
The additional importation can increase NFA’s active participation in the market by as much as 20 percent.
Earlier, in a special meeting last Aug. 29, the NFA Council also approved the immediate importation of 133,500 MT of rice by the private sector for distribution in Zamboanga, Basilan, Sulu, and Tawi-Tawi (ZAMBASULTA) to mitigate the high prices of commercial rice in these areas.
The NFA was also instructed to allocate additional rice stocks to the ZAMBASULTA provinces to provide consumers more sources of low-priced, good-quality NFA rice at P27 per kilo. (PR)