The National Food Authority (NFA) announced on Wednesday, Jan. 22, that it requires an additional funding of P9 billion to comply with the law-mandated increase in the national rice buffer stock. NFA Administrator Larry Lacson said the agency is now obligated to maintain a buffer stock equivalent...
AGRI Party-list Rep. Wilbert Lee (Rep. Lee's office) AGRI Party-list Rep. Wilbert T. Lee said the government must reinforce its rice buffer stock to last for 15 to 30 days in preparation for the arrival of La Niña season. Lee said the inventory must be...
The Office of the Ombudsman (OMB) has lifted the preventive suspension order earlier issued against 72 National Food Authority (NFA) warehouse supervisors who were reportedly involved in the low-priced sale of rice buffer stocks without the conduct of public bidding and prior approval by the NFA...
President Marcos is hopeful that the government's agriculture modernization program will bear "positive impacts" amid its efforts to maintain sufficient rice buffer stock in the country. President Ferdinand 'Bongbong' Marcos Jr. (Noel B. Pabalate) In his message during the 51st anniversary of the...
An official of the Department of Agriculture (DA) assured that the Philippines has a 39-day buffer supply of rice amid the threats of the El Niño phenomenon and the challenges of importing rice from neighboring countries, while it looks to increase the rice production in the country. (Keith...
President Ferdinand "Bongbong" Marcos Jr. has ordered the Department of Agriculture (DA) to study a proposal to set up silos to ensure a 30-day buffer stock of rice and corn in the country. *President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo)* Marcos said this as he met members of the...
Senator Risa Hontiveros on Wednesday, April 26 has found it unnecessary for the government to raise rice buffer stocks in National Food Authority (NFA) warehouses in preparation for the El Niño or the prolonged dry weather season that is expected to develop early in May. Hontiveros said it...