Tag Archives: PEF

PEF to sanction petroleum marketers over alleged unethical practices

The Petroleum Equalisation Fund (Management) (PEF) Board has vowed to punish any oil marketer who engages in falsification of documents for the movement of petroleum products in the country. Already, PEF has sanctioned 25 oil marketers for various offences aimed at defrauding the Federal Government through bridging claims. The offences ranged from changing of truck heads without getting clearance from …

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