shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Products Bridging: PEF Goes Public With Payments

Products Bridging: PEF Goes Public With Payments

by Joshua
June 14, 2009
in Uncategorized

The Petroleum Equalisation Fund has said that it will soon publish  the list of all payments that it has  so far made to marketers in respect of bridging products across the country.
The Executive Secretary of the agency, Mrs Adefunke Kasali who was represented at the interview  by its  head of public and government relations, Mr Goddy Nnadi told the News Agency of Nigeria (NAN) that it has already received approval from all relevant authourities to publish the payments.
Justifying the proposed action, she explained that “the publication of payments is, of course, to confirm  disbursement of funds and their receipts, because when you announce that you have made some payments, marketers do not believe that you actually made them. “We think that now, for every payment we make, we publish names of the marketers, how much they were paid, the banks they were paid into and the time the money hit the account, so that anybody who is in doubt, could confirm,” Kasali said.
The PEF scribe stressed that it “is part of the Federal Government’s drive to enthrone transparency and accountability and ensure that petroleum products marketers get up-to-date payments due to them from their various transactions”.
She explained further that apart from publishing in national dailies, the agency will also post details of the payments on its web site. “We are going backwards to the time we introduced e-payment till date. For the past two years and even in the current one, all of the disbursements will be published on the net,” Kasali said.
She disclosed that “PEF has already “communicated this approval we received to IPMAN. Its National President was here last week and we mentioned it to him. We have written them officially. We have also communicated the new development to major marketers in a meeting we had with them under the aegis of MOMAN and we have also written them formally.
“We have also written to DAPPMA operators in Lagos, so that every payment we make henceforth will be published. We will be open to every body and it will also help the marketers to confirm when their payments have gone into their accounts.”

Related Posts

Customs Hands Over N2.3bn Cash to EFCC At Lagos Airport

December 17, 2025
Vessels Expected At Lagos Ports As At 2nd December, 2025

Vessels Expected At Lagos Ports As At 2nd December, 2025

December 2, 2025
Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

November 10, 2025
$500 Million Spent Annually To Keep Piracy At Bay In The Gulf Of Guinea

Calls for Vigilance Due to Rise in Piracy and Robberies in 2025

October 27, 2025

Discussion about this post

Latest News

Shippers Decry High Operating Costs, Blame Freight, Port Operations Issues    

How Ports Reforms, Customs Efficiency Boost Maritime Performance In 2025—Stakeholders

January 17, 2026

Customs Introduces Weekly Exercise For Officers In Ogun

NEC Seeks Accelerated Transition From Oil To Non-Oil Economy 

Lagos Unveils Traffic Diversion Plan For Mazamaza Bridge Works

LASWA Reopens Ikorodu Ferry Terminal Jan. 19

Western Ports Police Tasks Terminal Operators On Intelligence Sharing, Reviews Waterways Ops

PMS Dailly Domestic Supply Hits 74.2m Litres In December – NMDPRA

AIG Okunade Assumes Duty As 24th Maritime Police Boss, Replaces Retired Oko

Fake Navy Officers Apprehended In Lagos Taskforce Raid

Ex-NIWA MD, Osun APC Guber Candidate, Oyebamiji, Begins PhD Journey at OAU

Vessels Expected At Lagos Ports As At 16th January, 2026

CRFFN Registrar Endorses Maritime Media & Capacity Development Centre, Joins Advisory Board, Formalises Strategic Media Partnership

kindly like our Facebook page

Health

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns
Health

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

December 8, 2025

Dr Mcphalane Ejah, a public health advocate, has warned that Nigeria is “sitting on a keg of gunpowder” due to...

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

December 8, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Facts About Your Body System You May Not Know 

December 1, 2025
Prostate Health Awareness Message Men Must Read

Prostate Health Awareness Message Men Must Read

December 1, 2025
Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

November 24, 2025
Top Men’s Health Issues

Top Men’s Health Issues

November 24, 2025
All You Need To Know About Diabetes

Health Benefits Of Consuming Garden Egg

November 17, 2025
All You Need To Know About Diabetes

All You Need To Know About Diabetes

November 17, 2025
WHO Launches Campaign To Prevent Stem Rising Suicide In Africa

WHO Urges Swift Action To Curb Rising Diabetes Cases In Africa

November 17, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

November 10, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition