Abstract: The intent of this survey was to conduct an appraisal of the impact of Project Aquila on the Oil and gas industry of Nigeria with particular interest on PEF (M)B. The data were sourced from primary and secondary sources. Analysis of result revealed 70 % of respondents are familiar with the Aquila technology and have explored the opportunities with significant impacts made on the efficacy (55 %) of stakeholders as regards loading and discharge of petroleum products, reduction in complaints has achieved 80 % [35 % of end-users and 40 % of PEF (M) staff] and prompt payment of claims to marketers which hitherto were challenges. The paper submits an all-inclusive synergy among stakeholders, development of hard and soft wares required to drive the technology and human resource development hinged on innovations for better impact. Imperative to improving on these impact made by Project Aquila also is the need to translate the pamphlets to the three (3) major Nigerian languages to facilitate penetration of the technology to the grassroots.
Keywords: Project Aquila, Aquila Technology, Oil and Gas Industry in Nigeria, Equalization, Supply Chain Management, Logistics Management, RFID, Petroleum Equalisation Fund (Management) Board [PEF (M)B].
Title: Impact of Aquila Technology on the Supply Chain of Nigeria’s Oil and Gas Industry
Author: Kazeem Abubakar, Jude I. James, Zainab A. Gambo
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Research Publish Journals
