Bulk of coconut industry fund unused as PCA adjusts under Marcos admin

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Philippine Coconut Authority cites organizational changes as one of the reasons for the slow pace in implementation of industry development programs

under the Marcos administration, only 8.78% of the P755 million fund for the Coconut Farmers and Industry Development Plan and the Coconut Hybridization Project was used in 2022. The Philippine Coconut Authority , the government agency tasked to develop the country’s coconut industry, attributed the slow pace of implementation partly to their adjustments under the new leadership of President Ferdinand Marcos Jr., particularly the reconstitution of the PCA board.

Activities and contracts had to wait until the reconstituted board was in place, which first met on October 5, 2022, the agency said.Only 3,540 hectares of the 10,676 hectares allotted for precision farming fertilization were covered. The agency fertilized 495,472 palms out of a target of 1.527 million. The plan to train 2,517 personnel of the CHP fell way short, as only 202 people were trained.

On the plus side, the PCA exceeded the target of 338,827 hybrid seednuts, producing 374,073 seednuts. The PCA celebrated its 50th anniversary last June. Marcos had instructed the PCA to intensify implementation of the CFIDP to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines