NFA suspends 5 SoCot rice retailers for diversion of stocks

GENERAL SANTOS CITY — The National Food Authority (NFA) has suspended five of its accredited rice retailers in South Cotabato province for alleged diversion and hoarding of their allocated rice stocks.

Agerico Baquiran, NFA-South Cotabato provincial manager, said Friday the suspension of allocation and accreditation of erring rice retailers was made pending an ongoing investigation.

Baquiran did not name the concerned retailers but said they were primarily sanctioned for violating the provisions of the amended Presidential Decree (PD) No. 4 or the NFA Act. The erring retailers are based in Koronadal City and in the municipalities of Banga, Surallah, and Tantangan, he said.

“The common violation was diversion of allocated stocks that resulted in the unreasonable depletion of supplies,” he said in a media forum.

Baquiran said they documented cases, in which the NFA rice stocks of the concerned accredited retailers suddenly disappeared from the stores. He said some retailers have also lent or sold their rice allocations to other rice traders and outlets.

The official said they have imposed fines on the five suspended retailers but noted that they could face more sanctions once they complete the investigation.

As of this month, he said the agency has 98 active rice retailers within the province’s 10 towns and lone city.

Baquiran said their regulatory and enforcement personnel are regularly monitoring retailers to prevent possible abuses related to their allocated stocks.

Aside from the diversion of supplies, he said they are monitoring the possible adulteration, re-bagging, and conversion of NFA rice into commercial stocks.

He said they have tapped the market supervisors of local government units as deputized enforcers against violations of PD No. 4. (PNA)

Popular

PBBM ‘all ears’ to public concerns amid weakening Peso, various challenges

By Dean Aubrey Caratiquet In a briefing late Thursday, Presidential Communications Office (PCO) Undersecretary and Palace Press Officer Claire Castro assured Filipinos that President Ferdinand...

PBBM: Balanga Green Mobility Hub to kick-off nationwide transition towards sustainable mobility

By Dean Aubrey Caratiquet With geopolitical tensions in the Middle East and the ensuing global energy crisis accelerating the shift away from fossil fuels towards...

PBBM reaffirms respect for BARMM Parliament’s autonomy

By Dean Aubrey Caratiquet Reinforcing his support for long-lasting peace in Mindanao, President Ferdinand R. Marcos Jr. reiterated his respect for the Bangsamoro region’s autonomy...

PBBM hails 46-medal haul of Filipino fencers at 2026 SEAFF Championships

By Dean Aubrey Caratiquet With a renewed focus on sports, the administration maintains its steadfast commitment to supporting Filipino athletes and providing them with adequate...