Nigeria - 1975 - Energy

Petroleum Equalisation Fund (Management Board) Act, 1975

Ministry of Petroleum Resources, Nigeria

This is an Act to set up the Petroleum Equalisation Fund for the reimbursement of petroleum marketing companies for any losses suffered by them arising from the sale of petroleum products at uniform prices throughout Nigeria. The Act also specifies the management and organization of the fund as well as other required regulations.

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Petroleum Equalisation Fund (Management Board) Act, 1975 Current Version

January 2022

This is an Act to set up the Petroleum Equalisation Fund for the reimbursement of petroleum marketing companies for any losses suffered by them arising from the sale of petroleum products at uniform prices throughout Nigeria. The Act also specifies the management and organization of the fund as well as other required regulations.

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