LTFRB supports transportation sector with fuel subsidy

LTFRB supports transportation sector with fuel subsidy

LTFRB backs the transport sector with ₱6,000 fuel subsidy, but details on recipients and distribution order are yet to be determined - Chairman Guadiz. Photo: LTFRB/Facebook

PHILIPPINES – The Land Transportation Franchising and Regulatory Board (LTFRB) has announced its commitment to support the transportation sector by providing a ₱6,000 fuel subsidy.

 LTFRB Chairman Teofilo Guadiz III expressed this support, stating that the agency recognizes the challenges transport operators face due to rising diesel prices.

Starting mid-August this year, the subsidy will initially be provided to selected areas in Metro Manila, primarily benefiting jeepney and tricycle drivers. Chairman Guadiz clarified that the exact number of beneficiaries and the order of subsidy distribution are yet to be determined.

Addressing concerns about an upcoming strike by the Malayang Alyansa ng Bus Employees at Laborers (MANIBELA) during President Bongbong Marcos' State of the Nation Address (SONA) next week, Chairman Guadiz confidently stated that major transportation groups would not participate in the work stoppage. 

His statement came after attending a press conference alongside leaders from twelve transport groups, including Pasang Masda, MASDA, FEDJODAP, ALTODAP, LTOP, ACTO, Stop and Go Coalition, PBOA, TAXI, UV Express, and the Confederation of Truckers Association of the Philippines.

During the press conference, the transport group leaders and LTFRB Chairman Guadiz showcased their unity and unwavering support. They also emphasized the importance of promoting a modernization program in public transportation.

In light of the upcoming strike, Chairman Guadiz called upon MANIBELA to engage in dialogue. He stressed that unresolved issues can only be addressed through meaningful discussions and cooperation. —iTacloban

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