President Muhammadu Buhari has approved the reconstitution of the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET).
According to an official statement from the office of the President, the membership of the reconstituted NBET Board is as follows:
The Chair of the Board is Zainab Shamsuna Ahmed, the Honourable Minister of Finance, Budget & National Planning;
A Non-Executive Director from 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 of the Federation, as Non-Executive Director.
Also appointed are Suleyman Ndanusa, former Director-General of Securities and Exchange Commission (SEC), as Non-Executive Director (Independent);
Engr. Mustapha Balarabe Shehu, former President Nigeria Society of Engineers (NSE), as Non-Executive Director (Independent);
Mr. Adeyeye O. Adepegba as Non-Executive Director (Independent); and
Dr. Marilyn Amobi, as Managing Director/ Chief Executive Officer.
The appointments take immediate effect.