FG Fires NBET’s MD, Dr. Amobi

The Federal Government has relieved the Managing Director and Chief Executive of Nigerian Bulk Electricity Trading Company, PLC, NBET, Dr. Marilyn Amobi of her duties.

President Muhammadu Buhari has also approved the appointment of Dr. Nnaemeka Eweluka as the substantive MD/CEO for the Nigeria Bulk Electricity Trading Company, NBET.

The Spokesman to the Minister of Power, Aaron Artimas confirmed this in a statement on the ministry’s Twitter account.

The statement read, “In furtherance of the reorganisation and realignments in the Power sector, the Minister of Power, Engr. Sale Mamman announces the appointment of a new Managing Director for the Nigeria Bulk Electricity Trading Company, NBET.

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“He is Dr. Dr. Nnaemeka Eweluka, the Company’s General Counsel and Secretary.

“He is to succeed Dr. Marilyn Amobi, as a substantive Managing Director and Chief Executive Officer, while the former MD is to hand over and proceed on terminal leave with immediate effect.”

On 19th of December 2019, the Minister of Power, Engr. Saleh Mamman sacked the outgoing Managing Director of the Nigerian Bulk Electricity Trading Company, NBET, Dr. Marilyn Amobi, after she was accused of embezzlement and other wrong doings.

However, President Muhammadu Buhari immediately reversed the sacking of Dr. Marylin Amobi.