Welcome To Petroleum Equalisation Fund (Management) Board
The legislative Charter of the Board as provided by Decree No9 of 1975 as amended by Decree No. 32 of 1989 (now Chapter 352 of the Laws of the federation 1990) are:-
- To apply the laws of the Federal Republic of Nigeria as they affect the uniform pricing system, in ensuring that each marketing company complies with the laws regarding the management of the transportation equalisation process, and
- To equalise the transportation differentials in white product marketing.