Nigeria: Fraudulent Oil Marketers Sabotage Petroleum Trucking Mechanism

18 June 2013

The Petroleum Equalisation Fund (Management) Board has raised the alarm on activities of corrupt oil marketers who are hell-bent at subverting the smooth implementation of its ongoing real-time electronic loading scheme.

PEF stated that the scheme, "Project Aquilla" which is planned to enhance monitoring and distribution of petroleum products across the country and at the same time speed up processing and payment of bridging claims by petroleum marketers are now being threatened by theft of individual registration tags assigned to tanker trucks under the scheme by illegal marketers.

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