Govt starts distribution of ₱1B fuel subsidy to 136,000 jeepney drivers

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Metro Manila (CNN Philippines, November 24) — The government has started the distribution of fuel subsidy worth ₱1 billion to 136,000 jeepney franchise holders, amid rising oil prices and income limitations brought about by the pandemic.

The Land Transportation Franchising and Regulatory Board on Wednesday launched the government’s program, which seeks to grant a one-time subsidy of ₱7,200 per unit.

The aid will be distributed by the Land Bank of the Philippines through the beneficiaries’ cash card.

The LTFRB said it has already released the subsidy of some 78,000 out of approximately 85,000 active card holders as of Tuesday.

“Out of the ₱1 billion fuel budget, Landbank has already credited P562 million sa ating mga existing card holders,” said LTFRB NCR Director Atty. Zona Tamayo in a virtual press briefing.

The LTFRB said the subsidy should be exclusively used for fuel purchases in participating fuel outlets, namely Petron, Shell, Seaoil, Total, Rephil, Caltex, Petro Gazz, Unioil, and Jetti.

Furthermore, jeepney drivers cannot use the cash card to purchase fuel for vehicles other than the one registered in the card, it added.

The LTFRB warned that a show cause order may be issued against jeepney operators found using the fuel subsidy other than its indicated purpose.