Around 78,000 operators of public utility jeepneys (PUJ) have received their one-time fuel subsidy from the government’s P1 billion fuel subsidy program.
During the program’s formal launch on Wednesday, Land Transportation Franchising and Regulatory Board (LTFRB) – National Capital Region (NCR) Regional Director Zona Russet Tamayo said P7,200 were remitted to the beneficiaries through their existing “Pantawid Pasada Program (PPP)” cards from Land Bank of the Philippines (LandBank).
“’Those who have existing PPP cards, they have to check their balance at the ATM. Again, we would like to put emphasis that this should be used for fuel purchases,” Tamayo said partly in Filipino.
The funds are to be used to purchase fuel from participating gas stations including Petron, Shell, Seaoil, Total, Jetti, Rephil, Caltex, Petro Gazz, and Unioil.
In total, around 136,000 PUJ operators or franchise holders are qualified beneficiaries of the program.
During the event, officials from the LTFRB, the Department of Transportation (DOTr), the Department of Energy (DOE), the Department of Budget and Management (DBM), and LandBank signed the fuel subsidy program’s joint memorandum circular (JMC).
DOTr Undersecretary for Finance Giovanni Lopez said the program aims to ease the effects of the Covid-19 pandemic and rising fuel costs on the transportation sector.
“Through this program, we hope our drivers will continue to whole-heartedly fulfill their roles and responsibilities to our commuters,” Lopez said in Filipino.
LTFRB Chair Martin Delgra III said the P1-billion fuel subsidy was made possible through the 2021 General Appropriations Act — approved by President Rodrigo Roa Duterte and the Development Budget Coordination Committee.
“We need to help our transport sector especially drivers and operators of PUJs, not only to help subsidize their daily drives but also to ensure the continued operation of our public transportation,” Delgra said in Filipino.