President Muhammadu Buhari approves reconstitution of the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc .

The membership of the reconstituted NBET Board is as follows:

The Chair of the Board is Zainab Shamsuna Ahmed, Minister of Finance Ministry Nigeria; 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 Nigeria, 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.

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