Filipino-owned tobacco manufacturer, Mighty Corp announced its plans to double the purchase of tobacco from five million to 10 million kilos this year. It will benefit farmers in the northern part of the country which will boost the production of tobacco leaf.
According to NAFTAC president Mario Cabasal said the announcement of the company was expected to break the farmers’ dependence on giant tobacco companies. “The farmers now have a buyer for low-grade tobacco,” Cabasal said.
The Wongchuking-owned company provides the farmers at least 83 units of water pumps and 16 hand tractors. They also sponsored at least 100 college scholarship grants to the tobacco farmers' children.
Mr. Edgardo Zaragosa, Administrator of the National Tobacco Administration overwhelmed over Mighty Corp’s entry in the market. “If Mighty is absent, we will be having problems selling tobacco,” Zaragosa said.
According to NAFTAC president Mario Cabasal said the announcement of the company was expected to break the farmers’ dependence on giant tobacco companies. “The farmers now have a buyer for low-grade tobacco,” Cabasal said.
The Wongchuking-owned company provides the farmers at least 83 units of water pumps and 16 hand tractors. They also sponsored at least 100 college scholarship grants to the tobacco farmers' children.
Mr. Edgardo Zaragosa, Administrator of the National Tobacco Administration overwhelmed over Mighty Corp’s entry in the market. “If Mighty is absent, we will be having problems selling tobacco,” Zaragosa said.