PBBM allots funds to purchase rice from local farmers
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NewsTranscript
00:00President Ferdinand R. Marcos, Jr. allocated more funds to buy rice from the local farmers.
00:05Following this, the National Food Authority, or NFA, turned over rice to the local government units
00:10that showed interest to sell them.
00:12Sixty-seven LGUs signified interest in purchasing NFA staple grain,
00:17including San Juan, Valenzuela, Navotas, and Camarines Sur.
00:21NFA rice was sold at 33 pesos per kilo to LGUs.
00:25They, in turn, can sell it to buyers for up to 35 pesos per kilo.