*Threatens To Sue The Secretary, Petroleum Equalization Fund
*7-Day Ultimatum

A human rights lawyer and Senior Advocate of Nigeria Femi Falana, has demanded that the information regarding the installation of technology monitoring schemes and structures by Petroleum Equalization Fund be made available to him.

This was disclosed in a letter by the Learned Silk, dated 28th Oct, addressed to the Executive Secretary/Chief Executive Officer, Petroleum Equalization Fund, titled “REQUEST FOR INFORMATION ON INSTALLATION OF TECHNOLOGY MONITORING SCHEMES AND STRUCTURE BY PETROLEUM EQUALISATION FUND”.

Rights Advocate, who made this request under the Freedom of information Act, threatened to drag to Executive Secretary to court if he fails to make available the information.

Falana recalled that at a meeting held on 8th August, 2018, the Federal Executive Council approved the installation of technology monitoring schemes and structures under the Petroleum Equalisation Fund (PEF) for N17 billion for monitoring and tracking refined petroleum products in Nigeria.

Dr. Ibe Kachikwu, the then Minister of State for Petroleum Resources, disclosed the decision to the public while briefing State House correspondents after the Federal Executive Council.

Kachikwu, said that the deployment of the automated fuel system management and censor network would ensure 100 per cent tracking and monitoring of petroleum products.

The Minister further assured Nigerians that “The narrative is that we have all struggled with this whole subsidy payment; how much is consumed in Nigeria; volumes of products moved out illegally and the whole impact on Federation Account Allocation Committee (FAAC).

The essence of what PEF is doing is that this will enable us track refined petroleum products movement from the point of LC (letter of credit) opening from the vessels that come into Nigeria, up until the point where there are discharged into tanks in Nigeria. It will monitor from the tanks to trucks in Nigeria; monitor the trucks till they deliver the products into the storage tanks for the filling stations and they are discharged and sold.”

Falana, said In view of the foregoing, “I hereby request for information on the installation of the technology monitoring schemes and structures acquired by the Petroleum Equalization Fund for the sum of N17 billion approved by the Federal Executive Council on August 8, 2018.

“As this request is made pursuant to the provisions of the Freedom of Information Act 2011, you are required to accede to our request within 7 days of the receipt of this letter.

“TAKE NOTICE that if you fail or refuse to furnish us with the requested information before the deadline of 7 days we shall not hesitate to pray the Federal High Court to compel you to accede to our request. “

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