Read All The Latest News About NBET On Naija News

“NBET Pays Staff ₦289 Million Vacation Allowance A Day After Tinubu Ordered 60% Travel Expense Cut”

The Nigerian Bulk Electricity Trading (NBET) Plc has hurriedly paid its senior management staff ₦289 million as travel allowance for 2024. According to TheCable, although there...

Business4 years ago

Nigerians Owing ₦2.4tn On Electricity Bills – FG Report

The Federal Government of Nigeria has claimed that due to non-payment of electricity bills by residents and citizens, power tariff shortfalls has now surged to the...

Reports Reveal Why There Is Less Investment In Power Sector

Business4 years ago

GENCOs Suffer Revenue Losses Over 42.6% Drop In Power Usage

Non-payment of bills due to unused electricity has caused Electricity Generation Companies, GENCOs, a huge revenue loss between January and November 2021. Authoritative industry reports made...

President Buhari Appoints New Chairman, Members For NBC Board (Full List)

Nigeria News5 years ago

Finally, Buhari Approves Sack Of Marilyn Amobi, NBET MD

The sack of the Managing Director, Nigerian Bulk Electricity Trading, PLC (NBET), Dr Marilyn Amobi has been finally been approved by President Muhammadu Buhari. Recall that...

Cabinet Reshuffle: Mamman Pens Emotional Letter To Buhari, Others

Nigeria News6 years ago

Again, Minister Of Power, Sale Mamman Asks NBET MD, Marilyn Amobi To Step Down

Marilyn Amobi, managing director of the Nigerian Bulk Electricity Trading Company Limited (NBET), has been asked to step down with immediate effect. The order was given...