Monday, July 22, 2024
No menu items!

Nigeria resumes e-loading for petroleum tankers

Must Read
Technological innovation being used in Nigerian petroleum sector (Image: wylio.com)

The Petroleum Equalisation Fund has announced that it will commence the electronic loading of petroleum products for trucks throughout all petroleum depots in Nigeria with effect from mid May, an official told ITNewsAfrica.com.

The e-loading process tagged “Project Aquila” is aimed at ensuring that products loaded are not diverted by the Truck drivers.


ITNewsAfrica.com also learned that the objective of the project is to guarantee delivery of products to designated depots, thereby helping ascertain actual consumption levels of various petroleum products for planning purposes.

PEF said it will ensure error-free documentation and processing of transactions; enhance faster processing and payment of claims; eliminate human interferences and enthrone transparency and full accountability in the board’s activities.

PEF‘s Executive Secretary, Mrs. Adefunke Sharon Kasali, said that the board will be making history as the first agency in the downstream sector to implement such an electronic loading solution to monitor loading and delivery of petroleum products.

It is on record that PEF pioneered the electronic payment system in the public service which has become the norm in both public and private sectors now.

ITNewsAfrica.com learnt that the tests were simultaneously undertaken at three loading depots in Lagos which include Total Nigeria Plc, Conoil Nigeria Plc and Ejigbo depot of the Nigerian National Petroleum Corporation (NNPC).

The test involved successful tagging of marketers’ trucks with readable/writable electronic tags and seamlessly establishing contact between the tag and the board’s computer network, using hand held Radio Frequency Identification (RFID) devices.

Mr. Eliot Oyeoba of the operations division of Total Nigeria Plc and his team were on hand to experience the successful tagging and dispatch of the trucks. He expressed delight at the development which, he said, would be of immense benefit to the downstream sector of the petroleum industry.

The lead consultant of the project managing company, DynaKonsult, Mrs. Yemi Obileye, the Managing Director of the training firm, Logistics Consult, Otunba Toyin Abass and the Chairman of the Trust company in-charge of the tagging nation-wide, Emeka Ndu expressed delight at the success of the project.

Oyeoba commended Mrs. Kasali and the board for initiating the project and nurturing it to success.

He promised that the company will make its truck parks available for unimpeded registration and tagging of all trucks transacting business with the organisation.

By Simeon Ogoegbulem

- Advertisement -

Top 5 Gadgets that were highly Expected in 2024

The following are 2024 top 5 gadgets that are/ were highly expected according to Menstuff. 1. LG’s see-through Signature OLED...
Latest News
- Advertisement -

More Articles Like This

- Advertisement -