Sen. Bam calls for resignation of NFA officials in light of rice fiasco

Senator Bam Aquino has called for the resignation of National Food Authority (NFA) administrator Jason Aquino and top officials, saying that they have failed to ensure food security for the Filipino people, especially the poor. "We are talking about food security for the poorest Filipino families. We need someone who can get the job done," said Sen. Bam after attending the hearing of the Committee on Agriculture and Food on the issue of NFA rice.

During the hearing, Sen. Bam stressed that poor Filipinos will have to spend P500 more a month for rice until June due to the NFA's failure to ensure the supply of affordable NFA Rice in the market.

"Ang 27 pesos per kilo ng bigas noon ay 42 pesos na. Limandaang piso ang dagdag nito sa gastusin ng pamilyang Pilipino kada buwan kung isang kilong bigas ang kanilang nakokonsumo bawat araw. Nangyari ito dahil nabigo ang NFA na mapanatili ang mandated 15-day buffer stock," said Sen. Bam.

During Sen. Bam's questioning, the NFA administrator admitted that the agency has failed to comply with the 15-day buffer stock policy for almost one year. With no lower-priced rice available in the market, prices of rice skyrocketed, making the expensive variety the only available option for Filipinos.

Worse, the NFA administrator admitted the country's current buffer stock for NFA rice is just 1.7 days, much to the dismay of Sen. Bam and the other Senators present. "Dahil sa kapalpakan ng NFA, tumataas ang presyo ng bigas. Isang taon nilang pinayagan na bumaba ang buffer stock natin at nagdulot ito ng pagtaas ng presyo sa merkado," said Sen. Bam. The NFA said it expects the imported rice to arrive in June, leaving poor Filipinos with no choice but to settle for rice with prices ranging from P42 to P45 per kilo in the succeeding months.

"May tatlong pang buwan magdurusa ang ating mga kababayan sa bigas na kuwarenta pataas ang halaga dahil hindi nagawa ng NFA ang trabaho nila," said Sen. Bam.