The fund plays a crucial role in the petroleum sector by managing and reimbursing transportation costs to petroleum marketers, ensuring that the prices of petroleum products remain consistent, regardless of the location within Nigeria. Oct 10, 2025 · Discover how the PetroleumEqualisationFund works, its role in regulating fuel prices and benefits for consumers in Nigeria. Jun 2, 2023 · Its main function is to ensure price uniformity of petroleum products via the reimbursement of marketers for losses they incur in trucking products from depots to their filling stations anywhere in Nigeria. Jun 19, 2023 · Its main function was to ensure price uniformity of petroleum products via the reimbursement of marketers for losses they incurred in trucking products from depots to their filling stations anywhere in Nigeria.