BREAKING: FG orders NBET boss to step down with immediate effect

BREAKING: FG orders NBET boss to step down with immediate effect

- The managing director, Nigerian Bulk Electricity Trading (NBET) Plc, has been asked to step down from office

- The directive asking Dr Marylyn Amobi to step down with immediate effect was given by the minister of power, Engineer Sale Mamman

- The minister also constituted a five-man investigative committee to probe complaints against Dr Amobi

The federal government has asked the managing director, Nigerian Bulk Electricity Trading (NBET) Plc, Dr Marylyn Amobi to step down from office with immediate effect.

The directive was given by the minister of power, Engineer Sale Mamman, a statement by his spokesman, Aaron Artimas on Tuesday, December 24 revealed.

The statement further revealed that the directive was as a result of the continuation of the restructuring and sanitation of the federal ministry of power.

BREAKING: FG orders NBET boss to step down with immediate effect

Dr Marylyn Amobi has been asked to step down by the minister of power, Engineer Sale Mamman
Source: Facebook

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It also revealed that the minister has constituted a five-man investigative committee to probe complaints against Dr Amobi.

“In continuation of the reorganization/sanitation in the federal ministry of power, the honourable minister, Engineer Sale Mamman has directed the managing director of the Nigerian Bulk Electricity Trading Company to step down with immediate effect.

“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 with the view to restoring sanity in the management of the company.

“Consequently, she is to handover to the most senior director in the organization,” the statement noted.

Meanwhile, Nigeria is set to lose more revenues from energy exports once its neighbour, Niger Republic starts generating her own electricity.

Aside Niger Republic, Nigeria exports electricity valued at between $582 million and $665 million annually to countries such as Togo, Chad, and Benin Republic.

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It exports between 350megawatts (Mw) and 400 Mw of electricity daily to those countries, with a view to generating more revenues and meet their energy needs.

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