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PEF

FEC approves N17bn funding for Oil & Gas technology scheme

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… PEF gadget to detect trucks diverting products In desperate effort to end the causes of artificial fuel scarcity, Federal Executive Council (FEC) has approved the installation of technology monitoring schemes and structures under the Petroleum Equalisation Fund (PEF) for N17 billion. Minister of State for Petroleum Resources, Ibe Kachikwu, disclosed this while briefing correspondents […]

PEF, NCDMB Get New Executive Secretaries

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President Goodluck Jonathan on Tuesday appointed Asabe Asmau Ahmed as the Executive Secretary of the Petroleum Equalisation Fund (PEF). Mrs. Ahmed, who is currently the Minister of State for Agriculture and Rural Development, takes over from Sharon Adefunke Kasali who has been Executive Secretary of PEF since 2007. In a statement signed by the Special […]