The National Food Authority (NFA) Caraga has earmarked P18.8 million fund in addition to P12 million it earlier allocated to two NFA provincial offices for corn procurement.
"This has brought to P30.8-M the allocated funds for corn procurement of the two Caraga provinces, NFA-Agusan del Norte and NFA-Agusan del Sur," NFA regional director Gil Pepito Paqueo said.
The fund, dubbed as Cereal Procurement Fund or CPF, was for the purchase of corn in the towns of Las Nieves in Agusan del Norte and river towns of Agusan del Sur which are all corn producing areas.
Paqueo told the corn farmers that an initial amount of P5-M was now sent to the NFA provinces of Agusan del Norte and Agusan del Sur, respectively for the purpose.
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