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RTNMC extends 6.4M rice subsidy for Palawan

A total of P6.4 million in financial assistance was extended by Rio Tuba Nickel Mining Corporation (RTNMC) to the Provincial Government of Palawan, as aid in its fight against the pandemic COVID-19.

According to the Memorandum of Agreement (MOA) signed by the Provincial Government of Palawan and RTNMC, an operating company of Nickel Asia Corp. (NAC), the P6.4 million will be allocated as rice subsidy assistance.

The RTNMC’s move signifies its full support to the Provincial Government of Palawan and its program for the community by extending corporate assistance to the residents aimed at alleviating their lives during the pandemic.

Engr. Cynthia Rosero, RTNMC Resident Mine Manager said that they are grateful to extend help to Palaweños and to be part of the Palawan government’s effort to combat the pandemic.

“Kami sa RTN, bilang private sector ay grateful na makapag-extend ng tulong sa pamamagitan ng aming SDMP funds hindi lamang sa aming host and neighboring communities kundi maging sa buong lalawigan ng Palawan, sa panahon ng health crisis,” said Rosero.

Palawan Gov. Jose Chavez Alvarez expressed his appreciation for RTN and CBNC during the turn-over saying that the assistance is a huge help for the entire province.

The funds allocated were generated from RTNMC’s Social Development and Management Program (SDMP) specifically from its IEC and DMTG components as allowed by the Mines and Geosciences Bureau (MGB).

The SDMP is a supposed mechanism used for the community development programs for its host and neighboring communities.

But due to the recent state of calamity declared by the government, MGB has issued a recent memorandum “authorizing all regional offices to allow mining companies to realign their SDMP funds to aid the affected impact and non-impact communities in their respective localities during the ECQ period.”

The ceremonial turnover was attended by no less than the Palawan Governor Jose Chavez Alvarez, MGB representative, Ms. Kate Gabrielle Castillo, and the representatives from RTNMC headed by its Resident Mine Manager, Engr. Cynthia E. Rosero and was held at the Provincial Capitol on May 11.

Tourism drives Palawan economy being globally recognized as the Last Frontier with its top tourism sites but mining is another industry that contributes progress in the Province.

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