Published: Tuesday 09 October, 2018

Puregold to Sell NFA Rice as Govt. Wants to Flood Market with Cheap Rice Variety

puregold nfa rice

NFA rice at Puregold supermarket soon! (Puregold)

In a move to help ease inflation, the Duterte government will flood the market with rice. Importation of rice will be ‘unlimited’ and NFA rice will son be available in Puregold supermarkets. NFA rice will be sold in Puregold’s 337 branches nationwide!

In an announcement made Tuesday, October 9, the Department of Trade and Industry (DTI) said selling of NFA rice in Puregold supermarkets has been approved by the NFA Council.

“The NFA Council already approved Puregold’s license, yesterday,” Trade Undersecretary for Consumer Protection Ruth Castelo said.

The announcement comes after the news that the DTI was seeking to forge agreements with supermarket chains to make NFA more availabel to more Filipinos. This comes amid reports that Filipinos line up for hours just to buy the government-subsidized rice variety.

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NFA rice will be price between P27 and P32 per kilo.

No word for the DTI if other supermarket chains other than Puregold will also be tapped to sell NFA rice.

In a related development, Malacanang announced there will be ‘unli rice’ importation. Presidential Spokesperson Harry Roque said this was agreed during the Cabinet meeting on Monday.

“The President approved the unimpeded importation of rice. Wala na pong restriction ngayon, basta magbayad lang ng taripa at gagamitin natin ang taripa na ito para sa ating mga farmers,” Roque said during a press briefing on Tuesday.

 

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