Distribution of P1-B fuel subsidy for 136,000 jeepney drivers starts
MANILA, Philippines — The government has started with its distribution of fuel subsidies worth P1-billion to about 136,000 public utility jeepney drivers as the surge in fuel prices continues.
This comes as the Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday launched the Pantawid Pasada Fuel Program (PPP) aimed to help drivers shoulder the brunt of skyrocketing fuel prices.
“Bagamat nakita natin sa nakaraang ilang linggo, bahagyang bumaba ang presyo ng krudo at gasolina pero mataas pa rin ang presyo kumpara sa umpisa ng taong ito. Kailangang tulungan natin ang transport sector, lalung lalo na ang mga tsuper at operator ng public utility jeepneys,” LTFRB chairman Martin Delgra said during the launching ceremony.
(Even though the fuel prices slightly went down in the past weeks, the prices remain high as compared to that recorded at the start of the year. We need to help our transport sector, especially our jeepney drivers.)
“Hindi lang para maibsan ang gastusin sa araw araw na pagmamaneho pero higit pa para masiguro ang pagpapatakbo ng mga pampublikong sasakyan para sa ating mas nakararaming mananakay,” he added.
(Not only to help drivers to shoulder their daily expenses for fuel but to ensure that public transport is available for commuters.)
The 136,000 jeepney drivers are expected to receive P7,200 per vehicle as a one-time subsidy. Their subsidies will be sent to their respective PPP cards.
LTFRB NCR Regional Director Atty. Zona Tamayo said the subsidy can only be used for fuel purchases at participating petroleum retail outlets or gasoline stations. Currently, nine fuel firms are participating in the program.
Any violation in the use of the card (purchase of other products aside from fuel using the card) will automatically disqualify the card owner from the subsidy program and its benefits.
The program is provided under the Tax Reform for Acceleration and Inclusion or TRAIN Law, the LTFRB said.
LTFRB said there are currently 85,000 active PPP card holders, 78,000 of which have received their subsidies on Tuesday.
Those without cards yet have to wait as the Land Bank of the Philippines is in the process of printing and distributing their cards.
Subscribe to our daily newsletter
Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.