What is PEF Nigeria?

What is PEF Nigeria?

Petroleum Equalisation Fund (Management) Board PEF(M)B is the special intervention put in place by the Nigerian government with the mandate of ensuring that petroleum products are sold at approved prices across the country.

What is the function of Petroleum Equalization Fund?

The Petroleum Equalization Fund (PEF) Management Board was formed primarily to compensate marketers of petroleum products such as gasoline, diesel and kerosene, who are disadvantaged due to their farther travel distance and higher costs of transporting refined products from the depot’s supply points to the retail …

What is petroleum industry bill?

Nigeria’s Senate has officially passed the Petroleum Industry Bill (PIB) on July 1 2021. The PIB seeks to provide legal, governance, regulatory and fiscal framework for the Nigerian Petroleum Industry and development of Host Communities.

What’s the full meaning of PEF?

Peak expiratory flow: Abbreviated PEF. The maximum airflow during a forced expiration beginning with the lungs fully inflated. The PEF is reduced in proportion to the severity of the airway obstruction, as in asthma and COPD (chronic obstructive pulmonary disease).

What is the work of PEF in Nigeria?

PEF’s main function is to ensure price uniformity of petroleum products via the reimbursement of marketers for trucking products to filling stations anywhere in Nigeria. “In order to unite the country, there must be semblance of uniformity in prices of petroleum products all over.

What is the full meaning of PEF?

How much is Pppra salary?

Oil and gas

Shell (SPDC) N667,000 (permanent), N250,000 to N500,000 (contract
Tier 2 downstream N150,000 – N200,000
NNPC N190,000
DPR N190,000
PPPRA N190,000

What is the Petroleum Industry Bill in Nigeria?

The petroleum Industry bill aims to provide a consolidated legislation regarding all aspects of the oil and gas sector, it aims to attract investments with the use of transparent policies and contribute to the economic development of Nigerians.

What type of oil does Nigeria produce?

Nigeria’s petroleum is classified mostly as “light” and “sweet”, as the oil is largely free of sulfur. Nigeria is the largest producer of sweet oil in OPEC.

What is PEF and FEV1?

1) Failure to start from the true total lung capacity (TLC). This means that forced expiratory volume in one second (FEV1), peak expiratory flow (PEF) and forced vital capacity (FVC) will be low. 2) Failure to continue to the true end of expiration. FVC will be low, FEV1/FVC ratio will be falsely high.

What does PEF stand for?

peak expiratory
Peak flow measurement is a quick test to measure air flowing out of the lungs. The measurement is also called the peak expiratory flow rate (PEFR) or the peak expiratory flow (PEF).