NFA-Iloilo still has P50M for procurement of palay
The National Food Authority (NFA) in Iloilo has recently procured 80,000 bags of palay from the farmers of Iloilo and Guimaras using funds from its procurement budget of P113 million.
NFA Iloilo manager Hedy Jardeleza, who is also in charge of Guimaras province, said they started procurement in September after receiving the P43 million budget from its central office.
An additional P70 million was also released to NFA-Iloilo last month, making its total procurement budget P113 million.
Jardeleza said of the total budget, some P50 million remain intact for the procurement program.
The NFA procurement program hopes to ensure enough rice supply for the people and prevent farmers from being victimized by unscrupulous traders.
The procurement price of the NFA is P17 per kilo for the clean and dried palay, plus 20 centavos incentives for trucking, 20 centavos for drying, and 30 centavos for the cooperative.*
