Senate Panel Insists PEF Hasn’t Remitted Interest On Fixed N34bn     The Senate’ Committee on Public Accounts has insisted that the Petroleum Equalisation Fund, now Nigeria Midstream and Downstream Petroleum Regulatory Authority, must account for the bank interest on the N34bn placed in a fixed deposit...

PEF Plans To Subsidise Cooking Gas Transportation       The Petroleum Equalisation Fund (Management Board) on Sunday charged oil marketers to start moving Premium Motor Spirit, popularly called petrol, through the expanding rail network across the country. PEF also announced moves being made by the agency to equalise...

IPMAN Seeks Total Deregulation     THE Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday advised the Federal Government to deregulate the downstream oil sector completely and scrap agencies such as Petroleum Prices and Regulatory Agency (PPRA) and the Petroleum Equalisation Fund (PEF). One of its officials,...