Town launches ‘biggest’ food terminal in Iloilo

 Congratulations, municipality of San Miguel, Iloilo on the launching of Iloilo's biggest terminal of farm produce.


PNA's press release bills it "biggest" in Panay not just Iloilo.


The "bagsakan" is timely to stymie the impact of the scheme of SM in cahoots with the crackpot Datu Saripada Agwak of Yrong-Yrong to de facto privatize the "Super" or "Terminal Market of Yrong-Yrong".


The bagsakan of San Miguel is conveniently located and accessible to Leon and Alimodian, two biggest producers of vegetables just as San Miguel is a vegetable basket in itself.


Presently, Leon, San Miguel and Alimodian download their farm produce at the Terminal Market of Yrong-Yrong.


However, not for long: the de facto privatization in the guise of lease by the SM-Sarip Aguak scheme is expected to jack up costs of trading as Mr. Aguak in the lease contract gives SM Holdings free hand to set the rent.


SM is currently constructing a multi-story structure, which on completion shall be under its direct control: Datu Sarip Aguak granted it control for 50 years to dictate the rate of, and collect, rent on stall holders as well as parking fees on vehicle owners.

That is expected of capitalists whose greed for profits far outweighs public accountability. Costs of merchandizes are bound to spiral up with private capital controlling what was once a publicly-owned market.


For 50 years, not a centavo goes to the coffer of Yrong-Yrong which will finally get "paid" when the lease contract ends, that is, SM handing over to the city a 50-year old structure. 


Which will most likely be a maintenance headache to Yrong-Yrong.


By then, Datu Sarip Agwak and cabal which conspired to strike the sweetheart deal with SM Holdings at the expense of consumers -- by then -- Datu Saripada Aguak et al, are already enjoying the after life, preferably at the place they all deserve to be, for them to scream and grit their teeth: the ocean of fire and brimstone.


The bagsakan of San Miguel town is timely to cushion the impact of de facto privatization of the Terminal Market of Yrong-Yrong. 


Congratulations to the LGU and its people!!!

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