Fong sought DoJ’s confirmation of CFITF’s position that the dividends and/or proceeds of disposition of the Coconut Levy Assets should be remitted to the trust
PCA plans to establish additional coconut plantations in Central Luzon, covering 3,000 hectares of land. This initiative aims to enhance the productivity of farmers in the region. The project, funded by the Coconut Farmers and Industry Trust Fund, will allocate P50 million in the 2024 budget. Learn more about this endeavor and its impact on coconut farming in Bataan, Bulacan, Nueva Ecija, and Zambales.
“This,” said Tikya, “is your first line of defense.”
She was referring to two accessories that would snugly fit in my pouch, not that there’s anywhere I can go with the pouch. Tikya’s present, a nasal spray and a mouth freshener, also in spray form, both made with virgin coconut oil or VCO.
It’s been months since the hot news of VCO being put on trial as a therapeutic food supplement for COVID-19 patients, promising a shorter recovery time (like two days), but if we haven’t heard more about it, we’ll just have to wait a wee bit longer for the results of the clinical tests.
(MB FILE, Keith Bacongco)
According to the agriculture chief, the enactment of the law will pave way for the efficient use of the P100-billion coconut levy fund to uplift the livelihood of millions of farmers and sustain the development of the country’s coconut industry.
“On behalf of millions of coconut farmers and their families, we thank President Rodrigo Roa Duterte and our distinguished legislators for their continued guidance and strong support to revitalize the coconut industry,” Dar said.
Dar’s statement came after KILUS Magniniyog (KM), composed of thousands of coconut farmers, accepted the law’s passing “with deepest grief.”
Atty. Joey Lina
I would like to share the insights of former Agriculture Secretary Leonardo Montemayor, chairman of the Federation of Free Farmers, about the predicament of the nation’s coconut farmers who remain poor despite the Coco Levy Fund worth billions of pesos that’s supposed to help them.
In an article titled “Can UCPB, Land Bank and Coco Levy Fund meet credit needs of Coconut Farmers?” which Montemayor co-wrote with Edgardo C. Amistad, former president of the UCPB-CIIF Finance and Development Corporation, answers can be found to questions troubling the coconut industry.
Foremost among them are: How come coco farmers hardly benefitted from the fund established for them four decades ago? What ought to be done now to improve their plight and boost the coconut industry?