Friday, June 24, 2011

Pagadian City gives out fuel subsidy

PAGADIAN CITY, Philippines - Pagadian City distributed Thursday fuel subsidy assistance under the so-called “Pantawid Pasada” or Public Transport Assistance Program to tricycle franchise holders.

Mayor Samuel Co led the distribution of the subsidy amounting to P427,500 to help transport drivers cope with the rising cost gas.

“Indeed we are lucky to benefit from this program of the Aquino government to help us cope up with the effect of oil price increase,” Co said.

Some 2,850 tricycle franchisees received the financial subsidy.

Co said the coupons were issued by the City Treasurer’s Office to ensure that the fuel assistance will be properly received by the beneficiaries. (Gideon C. Corgue)

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