THUR, MAY 07 2020-theG&BJournal- President Muhammadu Buhari has approved the reconstitution of the Board of Directors of the Nigerian Bulk Electricity Trading Company (NBET). The new Board will be chaired by the Finance Minister, Zainab Shamsuna Ahmed.
The composition of the Board includes a Non-Executive Director from the Ministry of Power, to be represented by a staff not below the level of a director, Mr Alex Okoh, as Non-Executive Director from Bureau of Public Enterprises (80% shareholder in NBET), Ms Patience Oniha, Director-General, Debt Management Office (DMO), as Non-Executive Director, Mr Ben Akabueze, Director General, Budget Office as Non-Executive Director.
The President also appointed Suleyman Ndanusa, former Director-General of Securities and Exchange Commission (SEC), Engineer Mustapha Balarabe Shehu, Former President Nigeria Society of Engineers and Mr Adeyeye O. Adepegba as Non-Executive Directors.
Dr Marilyn Amobi is appointed as Managing Director/ Chief Executive Officer.
The President said the appointments take immediate effect.
The NBET is a Federal Government owned company incorporated in July 2010.