Press Release
April 3, 2018

Sen. Bam expects surge in price of rice, renews call to replace NFA administrator

Sen. Bam Aquino renewed his call for the resignation of top National Food Authority (NFA) officials for their incompetence that led to the total depletion of its rice reserve in the market, forcing Filipino families to settle for costly rice in the market.

"Lalong tataas ang presyo ng bigas ngayong ubos na ang stock ng NFA Rice. Napipilitan nang magbawas ng kanin ang mga karaniwang Pilipino, at posibleng isang beses kada araw na lang ang paghain nila ng kanin para sa pamilya," Sen. Bam said in reaction to reports that the NFA's rice reserve is completely gone.

"Hinahayaan lang ng NFA na lumaki ang problema na dulot ng kanilang kapalpakan. Dapat lang na palitan na ang NFA administrator at magtakda ng bagong pinuno na may kakayahang solusyunan ito," added Sen. Bam.

During a Senate hearing on the NFA rice problem, NFA administrator Jason Aquino admitted that the agency has failed to comply with the 15-day buffer stock policy for almost one year. This inefficiency resulted in the increase in prices of rice, forcing Filipino families to spend more for their staple food.

"Ang 35 pesos per kilo ng bigas noon, 45 pesos na ngayon. Limandaang piso ang dagdag nito sa gastusin ng pamilyang Pilipino kada buwan kung isang kilong bigas ang kanilang nakokonsumo bawat araw. Nangyari ito dahil sa kapabayaan ng NFA sa kanilang tungkulin," said Sen. Bam.

Earlier, Sen. Bam called on the NFA and the NFA Council to iron out their differences and address the lack of supply of NFA Rice in the market so as to spare the public from high prices of rice in the market.

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