Home » News » Nigeria’s oil sector: PEF, PPPRA to be merged
Nigerias oil sector PEF PPPRA to be merged - Nigeria's oil sector: PEF, PPPRA to be merged

Nigeria’s oil sector: PEF, PPPRA to be merged

The federal authorities says the Petroleum Equalisation Fund (PEF) and Petroleum Merchandise Pricing Regulatory Company (PPPRA) shall be merged.

Timipre Sylva, Minister of State for Petroleum Sources, mentioned this whereas briefing newsmen on Thursday.

He famous that the oil sector regulatory businesses will turn into one as contained within the new Petroleum Trade Invoice (PIB).

🎴Read Also▶️
N-Energy Provides Replace On Evaluation Schedule/Check For Npower Batch C

“PEF and PPPRA will emerge as one below the identify ‘The Authority’ and shall be serving to to police the pump value of petrol in order that no one will profiteer,” he mentioned.

PEF offers with the equalisation of petroleum merchandise to make sure value uniformity, whereas PPPRA focuses on petroleum merchandise pricing and monitoring of compliance.

🎴Read Also▶️
Woman sells day-old baby for N10,000 to Pastor in Ondo

2 comments

  1. 40 mg tadalafil: http://tadalafilonline20.com/ buy tadalafil us

  2. order tadalafil order tadalafil
    40 mg tadalafil

Leave a Reply

Your email address will not be published. Required fields are marked *