Aside from the higher buying price of palay, the National Food Authority (NFA) wants to increase the number of drying facilities to improve the country’s buffer stock of rice. NFA Director Larry Lacson explained that they are closely coordinating with the Department of Agriculture (DA) and the...
Following decision to raise the palay buying price last April, the National Food Authority (NFA) said it was able to boost the quantity of milled rice by 14.6 percent compared to last year’s data. In a recent NFA council meeting, over 111,720 metric tons have been raised since the middle of May,...
For lack of jurisdiction, the Court of Tax Appeals (CTA) has denied the petition filed by the National Food Authority (NFA) which sought to suspend the collection of the P143 million real property tax (RPT) levied against it by the Cabanatuan City government in Nueva Ecija. The NFA filed its...
In order to secure the target quantity for the rice buffer stock by 2025, the National Food Authority (NFA) has sought a budget of P16.3 billion next year. The Department of Agriculture (DA) recently proposed P24.85 billion to NFA, which is 77 percent higher than this year’s allocation of P14.03...
The Department of Finance (DOF) will review the proposed amendment to the Rice Tariffication Law (RTL) to ensure that the debts from the National Food Authority (NFA) do not inflate. Finance Secretary Ralph G. Recto said that the law is working, however, he noted that some tweaks should be done to...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives has approved on second reading a measure seeking to amend Republic Act (RA) No. 11203, or the Rice Tariffication Law (RTL), in a bid to lower rice...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) Members of the House of Representatives hailed on Tuesday, May 7 the swift passage at the committee level of a measure that aims to amend the Rice Tariffication Law (RTL) for the purpose of...
Sen. Cynthia Villar criticized the National Food Authority (NFA), which according to her, has not proven itself in terms of looking after rice farmers and consumers' welfare. Villar made the statement after President Marcos said he would certify as urgent the bill proposing to amend the...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) House Deputy Majority Leader and ACT-CIS Party-list Rep. Erwin Tulfo is urging the Department of Agriculture (DA) to review the Rice Tarrification Law (RTL) in order to reinstate the National Food...
The Department of Agriculture (DA) and the National Food Authority (NFA) recently announced price adjustment for palay to boost farmer competitiveness. Agriculture Assistant Secretary and Spokesperson Arnel de Mesa said on Thursday, April 11, that the new buying price will range from P23 to...
(Ellson Quismorio/ MANILA BULLETIN) Makati City 2nd district Rep. Luis Campos Jr. has underscored the need for tougher congressional oversight of the multi-billion peso Rice Buffer Stocking Program of the government. This, after the alleged...
ACT-CIS Party-list Rep. Erwin Tulfo (PPAB) House Deputy Majority Leader for Communications Rep. Erwin Tulfo has proposed a "restructure" of the National Food Authority (NFA), instead of an abolition. “Hindi naman buwagin, but rather restructure. As a...
