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NBET

11 May 2020
The Peoples Democratic Party (PDP) yesterday claimed that “the manifest incompetence of the Buhari presidency as well as President Muhammadu Buhari’s lack...
6 Apr 2020
The Nigerian Bulk Electricity Trading Plc (NBET) has in five years paid N240 billion to five power-generating companies (GenCos) for electricity not allegedly used by consumers.
27 Feb 2020
Federal Government’s continuous subsidy for electricity consumption in Nigeria is unsustainable, Managing Director, Abuja Electricity Distribution Company (AEDC)
5 Feb 2020
I think the biggest setback for the sector is the low rate of metering. That’s the source of the scourge of estimated billing. Estimated billing is a double curse.
15 Jan 2020
About two weeks ago, the Minister of Power, Sale Mamman ordered the suspension of the Managing Director of the Rural Electrification Agency (REA), Damilola Ogunbiyi and asked for the immediate stepping down of the Managing Director of the Nigerian...
15 Jan 2020
The House of Representatives yesterday ordered the immediate suspension of the planned increase in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC).
11 Jan 2020
Nigeria President Muhammadu Buhari has ordered reversal of the dismissal of the managing director of the Nigerian Bulk Electricity Trading Company Limited (NBET) Marilyn Amobi by power minister Sale Mamman. Mamman in December 2019 asked Amobi to step down with immediate effect to “restore sanity” to the management of the agency. The minister also directed…
3 Jan 2020
Stakeholders in the power sector are divided over the appointment of a one-time mid-level civil servant, Ahmad Salihijo, as the Managing Director of the Rural Electrification Agency (REA) by President Muhammadu Buhari.
1 Jan 2020
From so many regulatory and operational flip-flops, the Nigerian power sector failed to progress in 2019, ending the year with the usual discordant voices instead of leeway
26 Dec 2019
Dr Nnaemeka Ewelukwa has assumed office as the acting Managing Director/CEO of the Nigerian Bulk Electricity Trading Plc (NBET) following the step down of Dr Marilyn Amobi
25 Dec 2019
The Federal Government yesterday ordered suspension of the Managing Director of the Rural Electrification Agency (REA), Damilola Ogunbiyi and asked his Nigerian Bulk Electricity Trading Plc (NBET) counterpart, Marilyn Amobi, to step down.
18 Nov 2019
Electricity generation companies (GenCos) yesterday said they might be forced to shutdown their plants nationwide over a ‘new policy’ of the Nigerian Bulk Electricity Trading Plc (NBET).

Latest

16 mins ago
The Nigeria Football Federation (NFF) is on the road to a rough time this year with more of its major partners threatening they will not renew their partnerships when they elapse. Their grouse is on what some described as the football house’s unprofessional attitude to corporate relationships.
16 mins ago
Two soldiers and three police officers were reportedly killed on Saturday night as unknown gunmen attacked security checkpoints along the Enugu/Abakaliki highway.
17 mins ago
Coming in the midst of another spell of fuel crisis heating up the polity, the setting up of a 14-man steering committee to enforce petroleum products supply does not portend any cheer for embattled Nigerians who have to contend with the attendant dislocation and galloping inflation.
19 mins ago
Community leader, Dr. Frank Ugwu, has challenged politicians to work for unity. He enjoined people of Nsukka cultural zone of Enugu State to reflect on their love and support for one another.
21 mins ago
A group, Concerned Parents of Federal University Lokoja, has cautioned the vice chancellor, Prof. Olayemi Akinwumi, against turning the institution to an “ethnic entity,” reminding him that he must address alleged rising tuition and nepotism.