LTFRB RELEASES ₱651M IN FUEL SUBSIDY TO TRANSPORT SECTOR

The Land Transportation Franchising and Regulatory Board (LTFRB) has disbursed more than ₱651 million in cash assistance to public transport drivers and operators under the government’s fuel subsidy program, aimed at cushioning the impact of rising fuel prices.

LTFRB Chair Vigor Mendoza II said regional offices were directed to continue validating beneficiaries in coordination with partner agencies to ensure smoother and faster distribution.

“We encountered several minor challenges especially in the distribution in Metro Manila and these challenges became learned lessons that were utilized to prevent similar incidents especially in the provincial distribution in the past days, and in the coming days,” Mendoza noted.

As of March 17, the LTFRB reported a total of ₱651,185,000 released to operators and drivers of modern and traditional jeepneys, UV Express units, point-to-point (P2P) buses, transport network vehicle service (TNVS) partners, Filcabs, taxis, tricycles, and delivery services.

The Department of Transportation (DOTr) still has approximately ₱2.3 billion available for fuel subsidy under its current budget allocation.

Data showed Metro Manila received the largest share at ₱181.278 million, followed by Southern Luzon with ₱98.215 million and Central Luzon with ₱73.416 million.

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