All posts by Pol Pinoy

‘Missing’ NFA Rice Found!

March 5, 2018 Pol Pinoy Leave a comment

BADCD625-4908-4FC7-8D19-E2BFC2B9B85E QUEZON CITY, Philippines (The Adobo Chronicles, Manila Bureau) – During the recent Senate hearing on NFA’s depleted rice stocks, Senator Kiko Pangilinan kept on asking, “Where’s the affordable NFA rice?”

There is no rice shortage in the country. However, commercial rice has been selling at a high price in the market. NFA’s recommendation to import rice to boost its supply has been denied by the independent NFA council headed by Cabinet Secretary Jun Evasco.

An investigation by The Adobo Chronicles found that the ‘missing’ NFA rice had been diverted to 25 Times Street in Quezon City, the private residence of former President NoyNoy Aquino.

Apparently, the sacks of NFA rice were used to barricade Aquino’s residence as part of his security plan.

Mystery solved, Senator Pangilinan! Now go back to your real job of legislation.

Business, Economy, Food, Government, Politics

Senator Grace Poe Calls For The Abolition Of The Law Of Supply And Demand

March 4, 2018 Pol Pinoy Leave a comment

90864C87-C1AD-4BEF-ABC4-1B6DCC48A866 MANILA, Philipppines (The Adobo Chronicles, Manila Bureau) – Senator Grace Poe on Tuesday said those responsible for rice price fixing should be unmasked and be held accountable.

The Senate is currently conducting an investigation on the reported shortage of rice stocks of the National Food Authority.

“To hold accountable also the people who have to be accountable perhaps for the price fixing, o kung ano-ano pang ginawa na pampahirap sa ating consumers at ating magsasaka,” Poe said in her opening statement.

When told by the resource persons that the current price situation of rice in the country is due to the law of supply and demand, Poe said: “Then I move to abolish the law of supply and demand.”