Marine Transportation Allowance Scheme
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.