PEFMB re-sounds end to manual payment of petroleum marketers

Petroleum Equalisation Fund Management Board PEFMB says the Federal Government of Nigeria has stopped the manual payment of transportation claims to petroleum products marketers in the country.

The General Manager Corporate Services of the board, Goddy Nnadi, speaking to newsmen in Lagos said the board stopped the manual payment of marketers’ claims after it launched an electronic claims management solution, nicknamed “Project Aquila”.

Nnadi said that over 200 members of PEFMB staff and more than 1,500 marketers had been trained on the application of the Project Aquila software.

He also said that more than 15,000 petroleum products conveying trucks nationwide have been captured in the Project Aquila website platform.

Nnadi said that the e-payment system would enhance monitoring of distribution of petroleum products across the country.

He noted that distribution of petroleum products was not properly monitored in the past, thereby making it difficult to either confirm or certify deliveries at designated depots or “drop points“.

The general manager urged petroleum product marketers to ensure that their trucks were tagged with the necessary flyers and gadgets to be able to be captured in the project’s software database.