Tag: Dr. Nnaemeka Eweluka

Probe Begins On NBET’S $33m Monthly Power Generation Deal With Azura

Abibat Babalola

The House of Representatives Committee on Finance on Friday expressed outrage over the decision of the Nigeria Bulk Electricity Trading Company, (NBET) to drag the country into Power Purchase Agreements that were detrimental to the interest of the country. The committee also ordered management of the Niger Delta Power Holding Company (NDPHC), to immediately commence a review of the Gas Purchase Agreement (GSA) between the Nigerian government and a certain company, for the supply of gas to its Calabar power plant, as it has been discovered that the said company…

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Why Nigeria’s minister sacked Electricity Trading boss twice in six months

Tim Bauer

For the second time in six months, the Minister of Power, Mamman Saleh, has announced the sack of Dr. (Mrs) Marilyn Amobi, as the Managing Director/CEO of the Nigerian Bulk Electricity Trading, PLC (NBET). His action, he declared, was in furtherance of the reorganization/ realignments in the Power Sector. He also replaced her with Dr. Nnaemeka Eweluka, the company’s General Counsel and Secretary. Amobi, was first sacked on December 24, 2019 but was recalled by the Presidency. Mamman in a statement signed its Special Adviser Media & Communications, Aaron Artimas,…

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