Cabotage vessel fund held in naira, not dollars, ex-NIMASA chief says

A former director of the Nigerian Maritime and Administration Safety Agency (NIMASA) revealed that the Cabotage Vessel Financing Fund (CVFF) accruing a percentage of charter rates for 23 years is domiciled in naira, not dollars as publicly reported by the agency.

‘CVFF is not held in dollars. It is in naira at the present exchange rate,’ Temisan Omatseye told stakeholders Thursday at a summit by the Shipping Correspondents Association of Nigeria in Lagos.

‘Every last week of the month, when we do a sweep, we collect dollars and automatically change it to Naira,’ said Omatseye, who served as director general of NIMASA for two years from 2009-six years after the fund was created to help indigenous shipowners finance the acquisition of their own vessels.

He explained that the interest rate disparity between dollar and naira deposits at the time enticed the decision from the Accountant-General of the Federation.

‘Interest rate at that time was quite high, between 23 percent and 25 percent but in dollars, it was about one or two percent. The account general [Ibrahim Dankwambo] said we cannot hold the money in dollars because we are earning better interest rates in naira. So every time we received the money in dollars, we converted it to naira and earned a better interest rate on it,’ Omatseye said.

NIMASA has only publicly reported the cabotage vessel fund in dollar value, creating reasonable doubt among those with a stake in it. In 2023, Bashir Jamoh, who was the director-general, told press that the fund held up to $350 million domiciled with the Central Bank of Nigeria. There has not been an update on the fund’s volume since.

It is not clear if the value was reported before conversion, but the effects of recent reforms including the floating of the naira that devalued the currency would calculate differently today.

‘You cannot expect the naira we had at N179 to a dollar then to be the same today.’ The deposit is calculated against the exchange rate at the time of colelction, ‘so if the exchange rate is N1,350 per dollar today, whatever naira value it is, is what you are expecting to have,’ Omatseye said.

‘So you cannot be looking at $350 million as at 2019 to be the same $350 million today.’

The arrangement calls into question the real value of the CVFF. Transparency in the fund’s management and disbursement process has historically been low. Shipowners have frequently requested an audit of the account.

In January the Ministry of Marine and Blue Economy created a portal to allow shipowners to apply for a part of the fund. 92 applications have been made since but only one has successfully cleared assessment from NIMASA and the PLIs so far. It is still awaiting final approval from the Minister.

Chekhov’s ‘Seagull’ takes centre stage at Baku International Arts Festival [PHOTOS]

The production of The Seagull by renowned Russian theatre director Lev Dodin was presented at the Azerbaijan State Academic Musical Theatre on October 29 and 30 as part of the second Baku International Arts Festival (BIAF), which runs from October 28 to November 8 with the support of the Heydar Aliyev Foundation and Azerbaijan’s Ministry of Culture.

Staged by the Maly Drama Theatre – Theatre of Europe in St. Petersburg, the production, which has received the prestigious Golden Soffit and Golden Mask theatre awards, offers a profound and distinctive interpretation of Anton Chekhov’s celebrated play, Trend’s correspondent reports.

Dodin’s approach to Chekhov’s classic is more than a stage adaptation of a well-known work. It is an attempt to reassess human relationships, the nature of artistic creation and the responsibility artists bear towards themselves and the world around them. The production seamlessly intertwines reflections on life and art, exploring the characters’ destinies through their inner contradictions, hopes, disappointments and search for a place in the world.

The ensemble cast lends particular expressive power to the production. Igor Chernevich plays Trigorin, Elizaveta Boyarskaya portrays Arkadina, Anna Zavtur takes on the role of Nina Zarechnaya, Evgeny Zaifrid plays Treplev, Sergei Kuryshev portrays Sorin, Oleg Ryazantsev plays Medvedenko, and Polina Sevastyanikhina appears as Masha.

The stage design by Alexander Borovsky, one of the best-known artists in contemporary theatre, creates a metaphorical image of a lake with boats gently rocking on the water, conveying the fragility of human existence and the ever-changing nature of emotions.

Baku leaves a lasting impression on the cast

Lev Dodin spoke highly of the importance of international cultural initiatives, noting that art and cultural dialogue become particularly valuable during challenging periods in history. In his view, festivals such as BIAF in Baku help preserve mutual understanding between people and create spaces for communication that transcend national borders.

Baku made a strong impression on the production’s cast. Visiting the Azerbaijani capital for the first time, Dodin praised the city’s beauty, the splendour of its theatre architecture and the views of the Caspian Sea. The renowned director also expressed a desire to explore the Old City, Icherisheher, and discover more of the capital’s landmarks.

‘I am grateful that such a festival exists and that we have become part of it. And, in general, I am glad that we are in Baku. Everything is wonderful, absolutely wonderful! Such a beautiful, magnificent theatre,’ the director said.

Elizaveta Boyarskaya was also visiting Baku for the first time and said the city had immediately won her over with its architecture, cleanliness and atmosphere. She had already taken a walk along the waterfront, visited Icherisheher and Little Venice, and admired the building of the Azerbaijan State Academic Musical Theatre.

‘From an architectural point of view, it is an absolutely flawless and beautiful building, with a very beautiful auditorium,’ she remarked.

Anna Zavtur likewise shared her impressions of her first visit to Baku, saying that the city had captivated her with its beauty and architecture. She was particularly struck by the cleanliness of the streets and the attention paid to the urban environment.

‘I have already fallen in love with this city. It is incredibly beautiful, and I really like the architecture,’ the actress said. She had visited Icherisheher and hoped to continue exploring the Azerbaijani capital, including a visit to the Heydar Aliyev Center.

Igor Chernevich, who had previously visited Baku on tour, described it as a wonderful city and said he would gladly spend more time there to discover both the capital and other parts of Azerbaijan.

‘It is a beautiful city. Wonderful. I really enjoy walking around here,’ the actor said.

A new interpretation of Chekhov through the characters

Lev Dodin explained that his understanding of Chekhov’s work had evolved over the past two decades. As time passes, people change, he noted, while Chekhov’s works continue to encourage audiences to ask questions about themselves and the world around them.

‘Chekhov is a writer and playwright who is always a little ahead of his time,’ Dodin said.

The director explained that certain elements of the play had receded into the background in the new production, while others had acquired greater significance. His priority was less about following every line literally than about preserving and intensifying the work’s inner essence. In his view, the boundary between respecting the author’s intentions and exercising directorial freedom is determined by intuition, personal understanding of the material and artistic taste.

Dodin also highlighted the distinctive nature of Chekhov’s humour, in which laughter frequently coexists with pain and comedy becomes a means of gaining a deeper understanding of human life.

‘This is a comedy of life. A comedy akin to Shakespeare’s comedies, where you do not have to laugh all the time. Where you often have to cry through laughter and laugh through tears,’ the director said.

One of the production’s central themes is the artist’s fate, with creative work presented as both a calling and a difficult ordeal. Dodin stressed that his The Seagull is dedicated to people of the arts – those who feel life particularly deeply, respond to events in their own ways and accept responsibility for their decisions and actions.

This idea is reflected in the production’s interpretation of its characters. Elizaveta Boyarskaya, who plays Arkadina, explained that her character and Trigorin are connected by more than their personal relationship. They share a profound understanding rooted in their common devotion to art. Although their relationship faces serious challenges, both recognise creativity as an inseparable part of their existence.

According to Boyarskaya, Arkadina emerges in this interpretation as a complex and contradictory personality. Her uncompromising attitude towards her son, Treplev, stems partly from their differing views on artistic creation. For Treplev, external recognition is particularly important, whereas for Arkadina and Trigorin, art is primarily an inner necessity – a way of speaking about people, their time and human suffering.

Boyarskaya noted that artistic creation is simultaneously a reward and a heavy cross for an artist, a burden that few are capable of bearing. This gives Arkadina’s relationship with her son a particular dramatic depth: beneath the generational conflict lies a clash between different understandings of vocation, talent and the true meaning of art.

Anna Zavtur offered her own interpretation of Nina Zarechnaya. She said that, in Dodin’s production, Nina appears more determined and ambitious from the outset than she is traditionally perceived to be. She is far more than a naive young woman dreaming of a theatrical career; she is a strong-willed individual prepared to pursue her ambitions relentlessly.

The actress also observed that Nina’s relationship with Arkadina unfolds through a process of mutual recognition. In the younger woman, Arkadina seems to see a reflection of her own past, adding another layer of psychological complexity to their interactions. This interpretation gives Chekhov’s familiar characters new shades of meaning and makes their actions more comprehensible in the context of their personal struggles and artistic ambitions.

Igor Chernevich, who portrays Trigorin, acknowledged that developing the character had required considerable effort. He said the creative team had primarily sought to tell a story about artists and their relationship with their calling. Finding the right and authentic tone proved challenging, meaning that work on the production continues even after its premiere.

‘We simply want to share what interests us, and we very much want to be heard and understood by those who come to see this production,’ the actor said, speaking about the company’s appearance at BIAF.

The The Seagull performances at the Baku International Arts Festival have provided more than an opportunity for Baku audiences to encounter one of Russia’s leading theatre companies. They have also opened a new conversation about Chekhov, the nature of artistic creation and the complex inner world of human beings.

In Dodin’s interpretation, the classic retains its artistic power while revealing fresh dimensions, reminding audiences that true art offers no definitive answers but helps people understand life more deeply.

DA: Imported rice, fertilizer costlier for PHL as peso dips

IMPORTED rice and fertilizer will be costlier for Filipinos amid the continued weakening of the peso, which hit a new record low of P64 per dollar, according to the Department of Agriculture (DA).

Agriculture Assistant Secretary Arnel de Mesa said the peso’s depreciation would ripple across costs of imported goods, pushing up prices of commodities like fertilizers and rice.

‘There are possible movements in prices of imported rice because of the significant [peso depreciation] and this would reflect [locally],’ de Mesa told reporters on Thursday.

This could also jack up fertilizer costs, as all of them come from foreign suppliers, with the country remaining dependent on imported inputs.

De Mesa also pointed to the volatility of freight costs due to prices of petroleum products: ‘So, this will affect retail prices.’

At present, imported rice prices retail between P50 and P55 per kilo for 25-percent broken grains.

Despite this, de Mesa allayed concerns that retail prices would breach the P60 per kilo mark, pointing to cheaper global quotations for rice due to ample supply as an offsetting factor.

‘It’s currently the harvest season in Vietnam, Southeast Asia, and India from where we source our rice. This means lower prices in the international market, which compensates the increase in [peso against the dollar].’

De Mesa said a price increase in the retail market could be felt by consumers in mid-November, citing a two-week turnaround time from shipments in Vietnam, the leading rice supplier of the Philippines.

Latest data from the Bureau of Plant Industry (BPI) showed that rice arrivals stood at 4.37 million metric tons (MMT) as of October 22.

De Mesa had said that rice imports could surge to more than 5 MMT this year as El Niño strains domestic production.

‘We have to ensure [sufficient rice stocks] if the El Niño becomes more severe or the duration lasts longer, since it would cover the entire dry season planting, which will be harvested from March to April.’

He noted ample inventories of agricultural products for consumers, including rice, meat, fish, and vegetables.

With farmers sustaining the brunt of the dry spell’s impact, De Mesa said the government has already rolled out interventions to provide alternative livelihoods to those who would be affected.

Among these measures are including affected farmers in the Department of Labor and Employment’s (DOLE) TUPAD program and the Department of Social Welfare and Development’s (DSWD) Cash-for-Work program.

SPAVO receives international award for supporting domestic abuse victims

The Association for the Prevention and Handling of Violence in the Family (SPAVO) has received the ‘Domestic Abuse Support NGO of the Year 2026/27’ award at the Southern Europe Prestige Awards, in recognition of its work in preventing and addressing domestic and gender-based violence in Cyprus.

According to a statement issued by SPAVO, the international distinction recognises its 36 years of work in protecting and supporting victims of violence, as well as its contribution to developing specialised services and partnerships to tackle the problem.

The Association said the judging panel recognised its comprehensive network of services, including the 24-hour National Helpline 1440, emergency intervention services, counselling and psychological support, safe shelters for women and children, and the Woman’s House.

SPAVO’s work also includes intervention programmes for perpetrators aimed at ending violent behaviour, while its cross-border cooperation and education and training activities were also recognised.

The Association said the award acknowledges the contribution of its staff, volunteers and partners, dedicating the distinction to women, children and all those who place their trust in its services.

‘It is not enough to encourage a victim to speak out. We must ensure that, when they do, they find a system ready to listen to them, protect them and support them,’ the statement said.

SPAVO also reiterated its commitment to continuing its work to protect victims of violence and promote safety, dignity and respect for every individual.

Briefs

PHL, EU explore financing deal

THE Philippines and the European Union (EU) are exploring a financing arrangement combining EU grants and guarantees to reduce upfront investment risks and support new projects in the country, according to the Department of Finance. In a statement last Thursday, the DOF said the proposed financing would cover new investments in green transition, circular economy, environmental protection and development in Mindanao. The DOF, however, did not disclose the amount of funding being considered or identify specific projects that would receive support. The European Investment Bank, other European Development Finance Institutions and the EU private sector, as well as the possible cooperation with multilateral development banks, particularly the Asian Development Bank, ‘will be critical in supporting the investment agenda.’ Reine Juvierre S. Alberto

Metrobank gets TAB award

THE Metropolitan Bank and Trust Co. (Metrobank) announced it was recognized by the Singapore-domiciled TAB Global Pte. Ltd. as the ‘Philippines’s Strongest Bank’ for the sixth straight year. ‘Our strength comes from the trust our customers place in us and the dedication of our Metrobankers, who remain committed to delivering financial solutions that help our clients succeed in different market conditions. This recognition reflects how we continue to grow stronger together with our clients, communities, and partners through every challenge and opportunity,’ Metrobank President Fabian S. Dee was quoted in a statement as saying.

RCBC is best SSS partner again

THE Rizal Commercial Banking Corp. (RCBC) announced recently that it was recognized by the Social Security System (SSS) as ‘Best Digital Disbursement Partner’ for the fourth consecutive year. Through RCBC and its digital banking platform ‘DiskarTech,’ SSS members receive benefit payments and access digital financial services alongside their SSS transactions, read the lender’s statement. After the launch of the partnership last year, the partnership between the SSS and RCBC ‘expanded further this year with the rollout of MySSS Card-enabled contactless payments at LRT-2, allowing cardholders to use the card for train fares. The entities also introduced ‘SSS LoanLite,’ allowing SSS members to apply digitally for short-term loans.

SC affirms disqualification of vote-buying poll bets

THE Supreme Courts has affirmed the Commission on Election’s decision disqualifying two candidates for the Sangguniang Bayan of Candijay, Bohol, in the 2025 national and local elections for vote-buying.

In a decision, the SC found no grave abuse of discretion on the part of the Comelec when it disqualified Charina C. Bagor and Erlinda Curativo for violation of Section 68 of the Omnibus Election Code which prohibits vote-buying.

The SC held that the Comelec was able to establish that Bagor handed out valuable items in exchange for votes, while Curativo distributed money to influence voters to support her.

The Court stressed that vote-buying undermines free elections and must be ‘prosecuted to the fullest extent of the law and [its practitioners] prevented from entering into public office.’

‘Vote-buying takes advantage of voters’ economic situation and keeps them dependent on whatever amount is given to them in exchange for their votes. It replaces the will of the voters with money and must be stopped,’ the SC added.

The disqualification case against Bagor and Curativo stemmed from the complaint filed by the then Candijay chief of police, Capt. Marvin A. Chin.

Bagor was accused of distributing food packs to several individuals in Candijay days before the election and asking them to remember her as a candidate.

Meanwhile, Curativo was accused of giving P 60,000 to a barangay kagawad (village councilman) with instructions to distribute P100 to each voter before the election.

The Comelec disqualified Bagor and Curativo under Section 68 of the Omnibus Election Code after finding substantial evidence of vote-buying.

Because they were disqualified, their proclamation as winning candidates was voided.

Dakar lights up for Uganda’s young guns to step out

Africa finally gets its Olympic moment today. Senegal opens the 2026 Youth Olympic Games at Abdoulaye Wade Stadium, and Uganda’s flag will be among those carried into the warm night at the first Olympic event ever held on the continent.

The Games run until November 13 with Uganda competing in seven sports: rowing, table tennis, rugby sevens, badminton, swimming, athletics, and road cycling.

The Ugandans have had to adjust quickly to the conditions.

“In terms of the weather, it’s extremely hot,” said rower Marcel Andrew Otim, who flew in from the cooler autumn of the United States.

“It was kind of a shock to my body coming over here where it’s like 90 degrees.”

Still, the 17-year-old is loving it: “I’m enjoying Senegal. The village is amazing. I’m really enjoying all the accommodations.”

Work before the party

For two of Uganda’s teams, the Games start before the ceremony.

Otim is on the water at Saly Beach West, about 80km south of Dakar, for his first coastal beach sprint time trial today. He goes again on Sunday before the knockout rounds on Monday and the finals on Tuesday.

The US-born son of Ugandan parents comes in with form. He qualified with bronze at the Commonwealth Rowing Association Beach Sprint Championships in Barbados last November.

“I’m very excited for racing, so I can’t wait to see what Saturday has in store for me,” he said.

He has company on the beach. National rower Elijah Namunyolu, just back from the World Rowing Beach Sprints in China, is in Dakar as his boat handler. Coastal rowing needs a coach and a boat handler to manage the boat.

“We felt it best that Elijah would be here, to just make sure that Marcel has the best support possible,” rowing coach Batenga said before adding that the trip also keeps Namunyu sharp for the African Championships at the end of November.

Table tennis also starts today at the Dakar Expo Center in Diamniadio and runs until November 5. Joseph Sebatindira, just 11, plays the men’s singles. He is a former world No. 1 in the Under-11 category, the first African boy to top any ITTF age-group ranking. Jemimah Nakawala, 16, plays the women’s singles, and the pair team up in the mixed doubles.

Sebatindira arrived fresh from defending the ITTF World Hopes title in Sheffield, which is contested by under-12 players, adding this to multiple Under-11 and Under-13 titles. He has been doing gym work in the village with help from the rowing team.

“I think my speed and strength is increasing more,” Ssebatindira said as he waited for Nakawala and coach Alvin Katumba to arrive on Thursday. The former, a student at Kibuli Secondary School, had Senior Four examinations to handle but Katumba is confident the pairing can handle the task despite spending limited time together: “When they play as a team, it is a very good team.”

A probable early night

Meanwhile, the ceremony may be a short one for many in the Ugandan camp. Rugby sevens, badminton, and swimming all start tomorrow, as does the second round of Otim’s time trials. Some athletes are likely to head back to the village, which is a stone throw away from the stadium, early to rest.

The badminton team, the rugby sevens team, and part of the swimming team, including Zara Marie Mbanga and coach Ezekiel Kalali, arrived on Wednesday afternoon. Swimmer Arthur Mwase was expected on Friday after his own exams, with the rest of the swimmers due before tomorrow’s first dip.

The early arrivals say the village has made settling in easy.

“Where we are right now in the village, we have facilities,” said Batenga.

“The food has not been so bad, there are options, and they’ve been able to rest.” The gym won her over: “It’s great stuff. It’s air-conditioned, which is awesome.”

Why YOG matters

Uganda has won four medals at the Summer Youth Olympics: one gold, one silver and two bronze. All four came on the track.

Zakaria Kiprotich took steeplechase bronze at Singapore 2010, and Geofrey Balimumiti won 800m silver at Nanjing 2014. Buenos Aires 2018 was Uganda’s best Games yet, with Sarah Chelangat winning the girls’ 3000m and Oscar Chelimo taking bronze in the boys’ race.

The Youth Olympics have often been the first stop on a bigger journey. Halima Nakaayi was Uganda’s flag bearer in Singapore and was disqualified in her 400m heat. Nine years later, she was 800m world champion in Doha. Chelimo won 5000m bronze at the 2022 World Championships and has run at two Olympics. Chelangat ran at the Tokyo Olympics and now holds the Ugandan 10,000m record.

“The Youth Olympics will be a great stepping stone in my rowing journey and will hopefully lead to the Olympic Games in 2032,” Otim said. He speaks for all 25 athletes on the team.

Uganda’s Dakar 2026 schedule

October 31: Opening ceremony, Abdoulaye Wade Stadium

October 31-November 3: Rowing (coastal beach sprints), Saly Beach West

October 31-November 5: Table tennis, Dakar Expo Center, Diamniadio

November 1-3: Rugby sevens, Iba Mar Diop Complex, Dakar

November 1-5: Badminton, Dakar Arena, Diamniadio

November 1-6: Swimming, Egg Tower Complex, Dakar

November 8-10: Athletics, Iba Mar Diop Complex, Dakar

November 8-10: Cycling (road), Corniche West, Dakar

November 13: Closing ceremony, Abdoulaye Wade Stadium

Asian Hospital brings community together for first-ever Bayanihan Run 2026

Asian Hospital and Medical Center, together with Asian Hospital Charities, Inc. (AHCI) and Asian Learning Institute, held its first-ever Asian Hospital Bayanihan Run 2026 on October 18 at the Muntinlupa Sports Complex in Barangay Tunasan, Muntinlupa City.

The event brought together members of the hospital community, runners, partners, volunteers, and supporters to promote fitness, compassion, and community involvement while raising support for charity patients and helping make quality health care more accessible to those in need. The initiative also reflected the hospital’s commitment to its campaign, ‘Alagang Deserve, Alagang Sulit,’ which highlights its dedication to providing quality care and meaningful value to patients.

Welcome remarks were delivered by Asian Learning Institute Director Dr. Jose Acuin and Human Resources Director Atty. Joey Torres, who highlighted the importance of unity and working together to make a meaningful difference in the lives of patients and the communities they serve.

Dr. Acuin emphasized the role of Asian Hospital Charities and the Bayanihan inpatient and outpatient programs in helping more patients in need receive the hospital’s quality health care services.

‘Asian Hospital Charities and the Bayanihan inpatient and outpatient programs share the same vision: to enable more patients in need to experience the world-renowned brand of Asian Hospital care. Marami pong salamat sa aming mga Bayanihan Run partners from the media and the local government of Muntinlupa for sharing this vision. Let us run swiftly, run safely, and run inspired. Let’s inspire others to help ensure equitable access to health care for our citizens,’ said Acuin.

Adding fun and excitement to the morning was Ate Rose, the hospital’s character representing atherosclerosis, who joined participants during the Zumba session and brought an engaging element to the fitness celebration.

Asian Hospital Chief Medical Officer Dr. Carmen Nievera and Director of Marketing and Patient Experience Ms. Hennessy Miranda also expressed their appreciation to the runners, volunteers, organizers, and partners who helped make the inaugural run a success.

Asian Hospital and Medical Center extends its heartfelt thanks to everyone who supported the event, including its media partners and the local government of Muntinlupa. Through the Bayanihan Run, the hospital celebrated the spirit of bayanihan and the power of partnerships in supporting charity patients and making quality health care more accessible, reflecting its commitment to ‘Alagang Deserve, Alagang Sulit.’

Run together. Give together. Celebrate bayanihan together.

Eno raises students’ bursaries to N200,000, N250,000 for medicine, law, engineering

Akwa Ibom State Governor Umo Eno has announced an increase in bursary payment from the current N50,000 to N200,000 for all students, except those studying Medicine, Law and Engineering who will receive N250,000 yearly.

Governor Eno made this known in Uyo during the 2026 ignite Conference held at Ibom Hall, Uyo, the State capital.

He said the new bursary regime would come into effect if he is victorious at the Governorship elections scheduled for February, 2027 and sworn into Office for a second term.

He also advised youths, who would benefit from the N50 million Ibom Ignite grant to deploy it judiciously as seed funds for transformation of their businesses, lives and society.

The governor noted that irrespective of the amount given, a serious entrepreneur must be disciplined enough to always deploy business funds diligently and judiciously to achieve set objectives.

‘Take the seed, plant and groom it religiously to accomplish your set business goal to turn-around your enterprise and live for the best,’ he said.

The governor noted that his greatest satisfaction in this first tenure of his administration was building over 500 Compassionate Homes for the less privileged across the 31 Local Government Areas of the State.

‘For each of the beneficiaries of the Compassionate Homes, N500,000 is equally given as a business grant to help them start off something for their sustenance and improved living,’ he said.

He promised to build an additional 1,000 Compassionate Homes accompanied with the usual business grant in all the Wards of the State when elected for a second term.

He specifically mentioned the trainings received by youths at the Dakkada Skills Acquisition Center, Ibom Leadership and Entrepreneurial Development Centre, Ibom LED, and at the newly-completed youth development centres across the State.

Governor Eno said he is committed to ensuring a better future for the youth, adding that besides sustaining the free and compulsory education for primary and secondary schools, the increase in the bursary provision for those in public tertiary institutions is to enable them handle their tuition fees with less difficulties.

Earlier in his presentation on the theme: ‘Change Your Thinking, Change Your Future’, Maxwell Ubah, the Guest Speaker and Chief Executive Officer of Strategy House Limited, urged young people to change their thought pattern for economic growth and social relevance, stressing that wealth is not created in external environment, but in the mind.

Farmers’ group defends Montemayor vs libel raps

The Federation of Free Farmers (FFF) on Wednesday called for the dismissal of a cyberlibel complaint filed against its chair, former Agriculture Secretary Leonardo Montemayor, over his criticism of a company’s legal personality to import rice.

Montemayor surrendered on Monday to the Makati City Regional Trial Court, which issued a warrant for his arrest for cyberlibel and oral defamation based on complaints filed by Planters Products Inc. (PPI).

He posted a bail of P84,000.

‘We call for the dismissal of this cyberlibel suit, and for the protection of advocates who defend farmers. Let us debate policy, not silence farmers’ champions,’ FFF, a nongovernmental organization of rural workers organized in 1953, said in a statement.

On May 6, PPI lodged the complaints against Montemayor, the Magsasaka party list group and a certain Lejun dela Cruz for labeling the company as a government-owned or controlled corporation (GOCC) and questioning the legality of its rice imports in media interviews. They also alleged that as a GOCC, it was exempt from government audit.

‘Speaking the truth’

But PPI maintained that it is a private corporation engaged in legitimate rice importation.

‘PPI maintains that these defamatory claims regarding its corporate status and legitimate business activities were made with malice and have directly injured the reputation and goodwill the company has built over decades,’ PPI’s legal counsel Carlwin Ong said then.

On March 18, Montemayor posted on his personal Facebook account a joint press release of FFF and Magsasaka raising concerns about the alleged procurement and sale of imported rice by Food Terminal Inc. (FTI) and PPI. They described FTI and PPI as GOCCs.

Montemayor, who served as agriculture secretary from February 2001 to December 2002 during the Arroyo administration, is facing a separate cyberlibel complaint filed by FTI president and chief executive officer Joseph Rudolph Lo on July 15 with the Taguig City Prosecutors’ Office.

FFF said Montemayor is facing complaints for ‘championing farmers’ welfare and exposing the devastating effects of unregulated rice, pork, and other food imports that are decimating our local farmers.’

It said he was only exercising his constutional right to free speech, and that ‘to speak the truth about the plight of our farmers is not libel; it is a moral duty.’

FFF said that documenting issues in the agricultural sector, such as the impact of import liberalization, competition against foreign-made goods, and agricultural smuggling, is not a crime, but rather a public service