Highlight

Petroleum Equalisation Funds Operates Based On Rules – Office of the Executive Secretary

389

 

 

Abuja – The Petroleum Equalisation Fund (PEF), says it remains an organisation that keeps to rules and laws setting it up and would not in any way or manner deviate from procedures and due process.

 

This is just as it argued that as an agency under the supervision of the Ministry of Petroleum Resources, it takes directives from its parent ministry in line with laid down rules.

 

This was the response from the office of the Executive Secretary of PEF, Alhaji Ahmed Bobboi while responding to allegation of sponsoring four staff of the Ministry of Petroleum and PEF to an International Bar Association’s conference in Seoul, South Korea.

 

The Executive Secretary of PEF, Alhaji Bobboi is believed to be presently out of the country, but a staff in his office, who pleaded anonymity since he has no approval to speak on the matter said that the matter is far from what is being dished out to the public.

 

According to him, approval was granted by the Office of the Secretary to the Government of the Federation in a memo dated 19th November, 2018 with reference no. PRS/039/A/G/I/56 entitled ‘Re-Request for Approval for Petroleum Equalisation Fund Management Board International Trainings and Travel’.

 

He said the letter from the SGF conveyed the approval in part as follows; “I am directed to convey the approval of the Secretary to the Government of the Federation to Petroleum Equalisation Fund Management Board and key stakeholders to embark on foreign training.”

 

The letter was signed by the Director PRS office of the SGF

 

He further said; “The Petroleum Equalisation Fund is an agency under the supervision of the Federal Ministry of Petroleum and collaborate in so many ways to get policy directives accomplished and not in any way in competition with the Ministry.

 

“I can tell you confidently that our Executive Secretary, who is not available, does not believe in running the affairs of the Fund in the media. There is no way he would grant an approval for such an important project without an approval from above.

 

“Certainly, there was a request and approval from the ministry which the PEF reports to. The Fund does not relate directly with the office Head of Service but the ministry that supervises it and once there is a request or approval from the ministry, it would be complied with.

 

The conference attended by staff of the ministry and the Fund was meant to enhance their capacity for the benefit of the ministry,” he stressed.

 

It was however gathered that some staff of the PEF that were past beneficiaries of such programmes and who wanted to attend the same Conference in Seoul, Japan but were counseled to allow others benefit and gain similar experience for the general good of the Fund are the ones spreading all sort of unfounded allegations and trying to get twisted information across to members of the public through the media.

 

Moreover, PEF has intervened in several sectors in the past and still engaged in noble projects and programmes towards building the nation.

Leave a comment

Related Articles

37-year-old Australian MP allegedly drugged, sexually assaulted

Brittany Lauga, a 37-year-old member of parliament for Queensland, has reported to...

Just in: EFCC: Appeal Court overturns Kogi high court order, rules against Yahaya Bello

In a contempt case filed by Kogi State Governor Yahaya Bello, the...

Shell signs agreement to build gas pipelines in Oyo State

The Oyo State Government has partnered with Shell Nigeria Gas (SNG) to...

Leisure and Travel: Tapping into the Adventures that Beckons Prt 2

You have to agree that giving your body what it needs, includes...

Pres. Tinubu to inaugurate NNPC Ltd’s three critical gas infrastructure projects

In line with his commitment to significantly leverage gas to grow the...

World Press Freedom Day: Press freedom will not be compromised, Tinubu govt assures 4th estate of the realm 

Mr. Mohammed Idris, the Minister of Information and National Orientation, has asserted...

Lagos-Calabar Costal Highway: Landmark Beach Refunds Customers After Demolition

Landmark Resort Beach’s management has initiated the refund process for customers affected...

Latest Kaduna terrorists’ attack: Vigilantes killed, two village heads, others abducted

Suspected bandits have reportedly attacked Maraban Agyaro, where they abducted the village...

Policeman who fatally shot man during petrol queue melee in Lagos identified, say police

The trigger-happy police officer who shot a young man, Toheeb Eniafe, at...

Gas explosion: Gas Minister visits Ogun as governor tightens truck regulations to improve road safety

The Ogun State Government is to introduce a policy that would enforce...

Security: Real-time aerial surveillance cameras, data-gathering sensors for FCT – Minister

The Minister of the Federal Capital Territory, Mr. Nyesom Wike, is set...

South-South governors back Lagos-Calabar coastal highway

The south-south governors of Bayelsa, Rivers, Cross River, Edo, and Delta states...

Suspected killer of 14-year-old Nigerian Daniel Anjorin in East London sword attack hauled up in court

Following the killing of 14-year-old Nigerian Daniel Anjorin in an east London...

London sword attack on Anjorin: 36-year-old suspect in police net

The 36-year-old suspect in the fatal London sword attack is currently being...

14-year-old Nigerian-born, Daniel Anjorin named as the victim of a sword attack in London

The 14-year-old boy killed by a sword-wielding man in Hainault, London has...

Lagos Landmark Beach demolition: FG compensates tenants, business owners

In response to mounting tension over the demolition of buildings and businesses...

Lagos gas explosion: One tragedy too many, pregnant woman, eight others seriously injured

A gas explosion in the Ajegunle-Apapa area of Lagos has left at...

FG signs Executive executive order to unlock $10bln investment in oil and gas

President Bola Tinubu has signed an Executive Order to unlock up to...

Port Harcourt-Aba train service inaugurated amid citizens’ excitement

The commercial train service for the Port Harcourt-Aba line began operation on...

Nigeria to produce 4,000 metric tonnes of lithium daily – VP Shettima

In the not-too-distant future, President Bola Tinubu will inaugurate Nigeria`s largest lithium...