₦airaland Forum

The Managing Director/CEO of the Nigerian Bulk Electricity Trading Plc (NBET), Dr. Marilyn Amobi, has been sacked by the Government of Muhammadu Buhari, IgbereTV reports.

Amobi was directed by the Minister of Power, Engr. Sale Mamman to step down, for ‘’reorganisation and sanitation’’ being reasons for the sack, according to him.

The news was made public through a statement by the Minister’s spokesman, Aaron Artimas, in which the minister said the actions were in continuation of the re-organisation and sanitation in the ministry

The statement reads: “In view of this, the minister has also directed the Constitution of a 5-man investigative committee to look into the myriads of complaints against the MD/CEO (of NBET) with the view of restoring sanity in the management of the company. “Consequently, she is to handover to the most senior director in the organisation."

NBET was incorporated on July 29, 2010 and serves as a special purpose vehicle to buy electricity from the Generation Companies (GenCos) through the Power Purchase Agreements (PPAs) and sell to the Distribution Companies (DisCos) through vesting contracts. It is completely under the power sector with a license from the Nigerian Electricity Regulatory Commission (NERC) to operate. However, due its financial intervention role, the Chairperson of the board has remained the Minister of Finance. Dr. Amobi assumed office in August 2016 and ought to have five year tenure. She is the second head of the intermediary utility firm after the pioneer head, Mr. Rumundaka Wonodi, left after spending over five years.

The minister also directed the immediate and indefinite suspension of the Managing Director of the Rural Electrification Agency (REA), Damilola Ogunbiyi over some apparent infractions. Ogunbiyi is to hand over to the next most senior officer in the Agency.

Mamman also directed an immediate investigation into the activities of the REA towards repositioning it for better service delivery.


http://igberetvnews.com/1209368/federal-government-sacks-nbet-boss/

The persons that will be used to replace them are eminently qualified and capable of delivering the results we need.

(If you don't know the people that will replace them, you are a learner with a big L dangling on your neck)

Anything power in Nigeria is dead. This news changes nothing.

To be replaced by a Fulani man and people say all is well.

Probably to be replaced by a Nigerian of northern descent.

TheGiftedOne:
Anything power in Nigeria is dead. This news changes nothing.

Jus hope it ll change a thing.
Hopeful or hopeless

Masha Allah Gud development......please a Muslim should take over from both of them

Let her go she is not doing well.

An Adamu or Amina may be appointed in her stead

TMSMedia:
The Managing Director/CEO of the Nigerian Bulk Electricity Trading Plc (NBET), Dr. Marilyn Amobi, has been sacked by the Government of Muhammadu Buhari, IgbereTV reports.

Amobi was directed by the Minister of Power, Engr. Sale Mamman to step down, for ‘’reorganisation and sanitation’’ being reasons for the sack, according to him.

The news was made public through a statement by the Minister’s spokesman, Aaron Artimas, in which the minister said the actions were in continuation of the re-organisation and sanitation in the ministry

The statement reads: “In view of this, the minister has also directed the Constitution of a 5-man investigative committee to look into the myriads of complaints against the MD/CEO (of NBET) with the view of restoring sanity in the management of the company. “Consequently, she is to handover to the most senior director in the organisation."

NBET was incorporated on July 29, 2010 and serves as a special purpose vehicle to buy electricity from the Generation Companies (GenCos) through the Power Purchase Agreements (PPAs) and sell to the Distribution Companies (DisCos) through vesting contracts. It is completely under the power sector with a license from the Nigerian Electricity Regulatory Commission (NERC) to operate. However, due its financial intervention role, the Chairperson of the board has remained the Minister of Finance. Dr. Amobi assumed office in August 2016 and ought to have five year tenure. She is the second head of the intermediary utility firm after the pioneer head, Mr. Rumundaka Wonodi, left after spending over five years.

The minister also directed the immediate and indefinite suspension of the Managing Director of the Rural Electrification Agency (REA), Damilola Ogunbiyi over some apparent infractions. Ogunbiyi is to hand over to the next most senior officer in the Agency.

Mamman also directed an immediate investigation into the activities of the REA towards repositioning it for better service delivery.


http://igberetvnews.com/1209368/federal-government-sacks-nbet-boss/

This the power of ordinary Ahmed isah of human right radio abuja

If it's betting, the odd that she will be replaced by a northerner will be about 1.05

Anything done to sanitise the electricity system is a welcomed development.

Stalwert:
Anything done to sanitise the electricity system is a welcomed development.

Yes oh

Allhamdurulahi he will be replaced with a believer

Good move, Kudos to ordinary ahmeed