NBET

There are indications that the Nigerian Electricity Regulatory Commission (NERC) may have compromised some sections of its regulations, leading its failure to exercise authority on Kaduna Electricity Distribution Company (KAEDCO), over 30…
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The House of Representatives Committee on Finance has summoned the Managing Director, Nigeria Bulk Electricity Commission (NBET), Mr Nnaemeka Ewelukwa, over failure to appear to defend his agency’s 2023 budget proposal. Rep. James Faleke,…
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The House of Representatives on Friday queried the payment of $33 million monthly as power purchase agreement with Azura Power Company by the Nigeria Bulk Electricity Trading (NBET). Chairman of the House Committee on Finance, James…
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Senate has queried the Nigerian Bulk Electricity Trading Company, NBET over alleged unremitted N1.5 billion as the total amount being accrued as accumulated interests from investments in Treasury Bills. The Senator Matthew Urhoghide,…
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The Chairman, House of Representatives Committee on Public Account, Rep. Wole Oke (PDP-Osun) has pledged accelerated hearing in Niger Delta Development Commission (NDDC) and Nigeria Bulk Electricity Trading (NBET) Plc audit reports. Oke…
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The Federal Government has announced the appointment of Mr Nnaemeka Eweluka as the Managing Director/Chief Executive Officer (CEO) of the Nigerian Bulk Electricity Trading (NBET). Mr Aaron Artimas, Special Adviser, Media and Communication…
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The House of Representatives is to investigate the activities of the Nigeria Bulk Electricity Trading Company (NBET) between 2015 and 2020 with a view to ascertaining whether there has been an act of corruption in the management of the…
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A Chartered Arbitrator Dr. Nnaemeka Ewelukwa has assumed office as the acting Managing Director/CEO of the Nigerian Bulk Electricity Trading Company (NBET). The Minister of Power, Engr. Sale Mamman on Tuesday suspended erstwhile MD, Dr.…
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