NFA assures continuous sale of low-priced rice
The National Food Authority (NFA) assured the public that the agency will continue to distribute its P27 and P32 per kilogram rice in the markets to ensure that consumers will have alternative sources of low-priced rice.
Currently, NFA distributes rice through its 15,892 inside and outside market accredited retailers and outlets such as Institutionalized Bigasan sa Palengke, Biogasan Bayan, Barangay Bagsakan/Barangay Food Terminal, Bigasan sa Parokya, rolling stores and the Tagpuan Rice Response Delivery (TRRD) in remote barangays.
NFA rice distribution also includes those released to relief agencies in response to calamities or disasters, other government agencies, and for NFA programs.
From January to August 23, the NFA had already distributed a total of 4.4 million bags of rice through its accredited retailers, outlets and other recipients.
In a meeting held last week, the NFA Council has approved an additional importation of 250,000 metric tons of rice to beef up the current NFA stocks and enable the agency to effectively respond to the growing clamor for cheaper rice.
The additional importation can increase NFA’s active participation in the market by as much as 20 percent.