Why the rush on coco levy funds?

01 June 2015

Rina Jimenez-David

Nobody seems to contest the fact that the billions of pesos in “coco levy funds,” collected during the martial law years ostensibly for the “development” of the coconut industry, truly belongs to coconut farmers.

But why is it that coconut farmers themselves, belonging to the Confederation of Coconut Farmers Organizations of the Philippines (CCFOP), are contesting two recent executive orders calling for the “inventory and privatization” and the “reconveyance and utilization” of these same funds?

Read on…

Posted in coco levy

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