NBET

The Nigerian Bulk Electricity Trading (NBET) Company has signed a cooperation agreement with EXIST at EXIST’s campus in Maslak, Turkey. At the ceremony, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said that…

The House of Representatives Committee on Finance has invited the Ministers of Power, Finance, Heads of Bureau of Public Procurement (BPP), Niger Delta Power Holding Company (NDPHC), Nigeria Bulk Electricity Transmission (NBET),…

The Federal Government Wednesday said shortage of gas is reason it could not attain 5,000 megawatts of electricity generation it earlier promised. The Minister of Power, Abubakar Aliyu disclosed at the end of the Federal Executive…

The Federal Government has earmarked N152.416 billion for Nigerian Bulk Electricity Bulk Trading Plc and power projects in 2021. This is contained in the 2021 capital budget ceilings in the Pre-Bilateral Proposal circular released by the…

TAYO ELEGBEDE The Central Bank of Nigeria (CBN) has rolled out new policy measures to curtail exposures of electricity distribution companies (DisCos) to banks, Nigeria Bulk Electricity Trading (NBET) and Transmission Company of Nigeria…

…URGES MDAS TO PAY DEBTS, MAKE BUDGETARY PROVISION FOR POWER CONSUMPTION IN 2021 Tayo Elegbede The Senate on Wednesday called for the review of the Power Sector Reform Act 2005. …

The Federal Government has sacked Marilyn Amobi from office as the Managing Director of the Nigerian Bulk Electricity Trading Plc for the second time. Amobi, who was replaced by the company’s General Counsel and Secretary, Nnaemeka…

The Senate is probing over N1.8 trillion federal government interventions in the Power Sector since the privatisation of the sector from 2012 to date. The Chairman of the Senate Committee on Power, Gabriel Suswam, made this…

President Muhammadu Buhari has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET). The Federal Ministry of Finance, Budget and National Planning said in a statement on Thursday that President…

President Muhammadu Buhari has cancelled the dismissal of Marilyn Amobi as the Managing Director of the Nigerian Bulk Electricity Trading Company Limited (NBET). Sale Mamman, Minister of Power, had asked Amobi to step down with immediate…