The Petroleum Equalisation Fund Management Board (PEFMB) says the Federal Government 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, told the News Agency of Nigeria (NAN) in Lagos that the board stopped the manual payment of marketers’ claims after it launched an electronic claims management solution, nicknamed ‘Project Aquila’.
Read also: How Epump saves more money for fuel station owners, consumers
“It is part of the original plan to ensure payment of claims within 72 hours. Project Aquila is an e-loading and payment system that will ease the process of marketers getting their entitlements”, he explained.
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.
