THE government is letting loose P500M from the road safety tax to be lent to transport cooperatives all over the country.
Presidential Management Chief Hermogenes Esperon bared this during a press conference in Panglao two weeks ago.
The fund, which can be used to help drivers switch their engines to liquefied petroleum gas is a government move to slowly shake off from heavy dependence on imported oil amidst the unpredictable price of oil in the global markets.
He said even Bohol transport groups can avail of such fund if only to initiate the switch here.
Esperon, who was then the Armed Forces Chief said the programmed switch to LPG is also in line with the government’s policy on cleaner energy use to mitigate the effects of climate change. (PIA)
