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Our Services

01

Equalisation Scheme

02

Bridging Scheme

03
Inter-district Scheme
04

Marine Transportation Allowance Scheme

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0 45

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0 130

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0 5692

Registered Marketers

0 11116

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From the Executive Secretary's Desk

PEF(M)B has in-depth and rich experience in the administration of funds, having successfully managed the Petroleum Equalisation Fund for over 40 years. The Board has an administrative structure that includes 6 Zonal Offices and 103 petroleum product Depots offices nationwide.

From PEF(M)B’s history, performance and current state assessment, it is clear that the Fund has positively impacted on long term price stability, guaranteed and compensated for deficits in the petroleum industry infrastructure.

Featured Documents

From the Executive Secretary's Desk

PEF(M)B has in-depth and rich experience in the administration of funds, having successfully managed the Petroleum Equalisation Fund for over 40 years. The Board has an administrative structure that includes 6 Zonal Offices and 103 petroleum product Depots offices nationwide.

From PEF(M)B’s history, performance and current state assessment, it is clear that the Fund has positively impacted on long term price stability, guaranteed and compensated for deficits in the petroleum industry infrastructure. PEF has to date, successfully cushioned the effect of these gaps on the populace and is contributing to the seamless distribution of petroleum products nationwide. 

Innovation is a core value that guides the Board’s service delivery. At PEF(M)B, we have institutionalised an ever improving, information technology driven business processes, which have enhanced efficient and effective service delivery to our stakeholders. We work as one team and possess a rich reservoir of skilled, well-trained and motivated workforce, ready and willing to serve the nation in current and new roles within the petroleum industry and beyond. 

We work in close collaboration with our stakeholders to ensure the prompt, efficient and effective delivery of our services, ensuring ease of doing business with the ensuing effect on economic development and growth.

PEF(M)B is strategically aligned with the National Gas Expansion Program (NGEP) of the Minister of Petroleum, President Mohammed Buhari and the Minister of State, Chief Timipre Sylva in ensuring the implementation of policies, programs and reforms that will ensure an alternative source of fuel and provide sufficiency, sustainability, accessibility, affordability of the nation’s resources to its citizens.

At PEF(M)B we pledge to put people first and guarantee our services are delivered with integrity.

Important COVID-19 Directive

At PEF(M)B Health, Safety and Environment is a top priority. Due to the health and safety protocols and guidelines from the Nigeria Center for Disease Control (NCDC) and the Presidential Steering Committee (PSC), the following are required and provided when you visit our locations nationwide.

1. Masks are mandatory at all times by all visitors.

2. Sanitisers have been installed at key locations.

3. You will find them at entrances to the premises; entrances to our offices and meeting rooms.