Petroleum Equalisation Fund: A temporary agency

WHAT people call magic is in fact, an illusion. When a magician puts a woman in a box and saws the middle of the box; one expects her to be cut in two except that this does not happen. The magician shouts some incantation and behold the lady is standing untouched by the mechanical sawing blade. In many respects, the operation of the Nigerian National Petroleum Company, NNPC, Petroleum Equalisation Fund, PEF, the Central Bank of Nigeria, CBN, and its Forex policies, the Pension wahala are all magic ' abracadabras, total illusions. What is not illusion is the heavy cost to the economy and the people.The post Petroleum Equalisation Fund: A temporary agency' appeared first on Vanguard News.
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