Cebu Transport Group Advocates for Fuel Subsidy Over Fare Hikes Amid Global Crisis
In the wake of escalating turmoil in the Middle East, the ripple effects are being felt far beyond global peace, directly threatening the livelihoods of ordinary Cebuanos. The relentless surge in oil prices, coupled with rising costs of rice and other essential commodities, is pushing basic necessities out of reach for many workers.
Sharp Price Increases Hit Consumers Hard
On Tuesday, March 3, 2026, fuel prices saw significant jumps: gasoline increased by P1.20, kerosene by P1.50, and diesel by P1.20. Concurrently, the price of Ganador rice has climbed to P71 per kilogram, while Ivory rice stands at P68. Amid this economic strain, the Federation of Cebu Transport Cooperatives (FCTC) has taken a commendable and impactful stance.
FCTC Prioritizes Passenger Welfare Over Fare Hikes
Rather than pushing for immediate fare increases, Ellen Maghanoy, president of the FCTC, and her group are prioritizing a request for fuel subsidies from the national government. This approach aims to avoid exacerbating the financial burden on commuters. Transport operators recognize that fare hikes would directly impact end-users, who are already grappling with inflation.
If fares are raised, what will be left for household expenses like food and other bills? For jeepney and bus drivers, fuel subsidies serve as a critical lifeline. These road heroes work tirelessly from dawn until late night to earn their boundary fees and ensure a decent income for their families. Without government assistance, their efforts would be akin to carrying water with a basket—futile and exhausting.
Government Response and Implementation Challenges
President Ferdinand "Bongbong" Marcos Jr. has indicated that targeted fuel subsidies will commence once international crude oil prices reach $80 per barrel. It is hoped that this promise will be fulfilled without delay. Meanwhile, the Land Transportation Franchising and Regulatory Board (LTFRB) has called on beneficiaries to validate their fuel cards to facilitate the distribution of funds once the subsidy program begins.
Broader Economic Impact and Strategic Necessity
This global crisis disproportionately affects ordinary workers, who bear the brunt of price hikes. In contrast, businesses often mitigate impacts by passing increased costs onto consumers to maintain profitability. Fuel subsidies are not merely a simple government aid; they represent a strategic protection for the entire economy, safeguarding vulnerable populations from further financial distress.
