OVER the weekend, Cagayan de Oro Rep. Rufus Rodriguez called for the grant of a fresh legislative franchise to Meralco, saying that doing so sends a strong signal of economic stability to potential investors — whether local or foreign.
Rodriguez, a member of the House committees on energy and economic affairs, recently filed House Bill 9813 for the grant of a 25-year legislative franchise to Meralco — a measure that the lawmaker emphasized is necessary to build investor confidence in the country.Rodriguez said a legislative franchise should be granted to Meralco to show the government's commitment to achieving energy security.
I'm not exactly sure what prompted Rodriguez to make his clarion call, but maybe he had seen in Meralco the kind of service his fellow Mindanaoans are grossly wanting, given the power situation they have experienced or are still experiencing.Maybe Meralco is doing a superb job over here; they are still salivating for such a service.* * *Time to kick out Bato?With the way Sen.
Has The Luzon Power Issue Got To Do With Solon From The South?
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