We can’t respond to allegations of non-remittance of funds by defunct PEF – NUPRC
Dec. 10, 2021 …Defunct PEF activities not within our operational purview The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the activities of the defunct Petroleum Equalisation Fund (PEF) do not…
Pay PEF, establish more private depots to ensure product availability – IPMAN tells FG
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Zamfara chapter, has called on the Federal Government to make timely payment of their Petroleum Equalisation Fund (PEF). The IPMAN Chairman in…
IPMAN rejects proposed scrapping of PEFÂ
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has rejected the proposed scrapping of the Petroleum Equalisation Fund (PEF), asserting that it fosters national unity. IPMAN’s President, Mr. Chinedu Okoronkwo,…
PIB: NNPC will not be scrapped but commercialised in line with deregulation move – Minister clarifies
Minister of State for Petroleum, Timipre Sylva has dismissed media reports that the new draft Petroleum Industry Bill (PIB) sent to National Assembly has recommended scraping of the NNPC.The minister…
NNPC’s withdrawal of products allocation to depot owners owing PEF, a step in the right direction – IPMAN
The Independent Petroleum Marketers Association (IPMAN) has backed the decision of the Nigerian National Petroleum Corporation (NNPC) not to allocate petroleum products to depot owners who failed to settle debts…
PEF, SMP to Help Track PMS Consumption in The Country
The Petroleum Equalisation Fund (PEF) says its Sensor Monitoring Project, SMP, will help to track the quantity of Premium Motor Spirit (PMS) also known as fuel consumed in the country. The…
Court Fixes Hearing of Case on Unlawful Termination of Appointment Filed by Ex-Manager Against PEF for Jan. 7
The National Industrial Court, Abuja, on Tuesday adjourned until Jan. 7, 2019 hearing in a case of unlawful termination of appointment filed by a former Deputy Manager,…