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).