Buhari reappoints Amobi as NBET MD

President Muhammadu Buhari has approved reappointment of Marilyn Amobi’s tenure as managing director of the Nigeria Bulk Electricity Trading Company Plc (NBET).

This was announced in a statement signed by , Special Adviser onedia and communications to the minister of finance, budget and national planning, Yunusa Tanko Abdullahi.

Amobi had previously been dismissed by Sale Mamman, the minister of power, but Buhari reversed the dismissal two weeks later and also moved NBET from the ministry of power to the ministry of finance for supervision.

Members of the reconstituted NEBT board are:

Zainab Ahmed, the minister of finance, budget and national planning – Chairman

Alexander Okoh, a representative from Bureau of Public Enterprises (80% shareholder in NBET) – Non–executive director

Patience Oniha, director-general of Debt Management Office – Non-executive director

Ben Akabueze, director-general of Budget Office of the Federation – Non-executive director

A non-executive director to represent the ministry of power to be represented by staff, not below the level of a director

Suleyman Ndanusa, former director-general of Securities and Exchange Commission (SEC) – Non-executive director (Independent)

Mustapha Balarabe Shehu, former president of the Nigeria Society of Engineers (NSE) – Non-Executive Director (Independent)

Adeyeye O. Adepegba – Non-executive director (Independent)

Marilyn Amobi – Managing director/ chief executive officer


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