The Nigerian Bulk Electricity Trading Plc (NBET), is set to exit the electricity market as the Nigerian Electricity Regulatory Commission (NERC) licences multiple firms. These firms are to buy and sell electricity in bulk from the Power Generation Companies (GenCos).…
The Nigerian Bulk Electricity Trading PLC says it plans to increase power supply to 5, 500 Megawatts (MW) in 2023 to boost electricity in the country. The Managing Director (MD)of NBET, Mr Nnaemeka Ewelukwa said this on Wednesday in Lagos…
…Corporation among stakeholders key to power sector’s success — NERC By Ogaga Ariemu The Managing Director/CEO, Nigerian Bulk Electricity Trading (NBET), Dr Nnaemeka Ewelukwa said the nation needs more gas power plants to meet country’s increasing energy demand. Ewelukwa made…
Nigeria’s gas export to suffer as Eni reports vandalism on gas pipeline Force majeure has been declared at Bonny NLNG. Nigeria’s gas export to suffer as Eni reports vandalism on gas pipeline The rise in vandalism in critical Nigerian economic…
The management of the Nigeria Bulk Electricity Trading Company (NBET) has revealed that it was working assiduously with the Nigerian Electricity Regulatory Commission (NERC) to provide a framework aimed to increase electricity production in the country. The framework according to…
…as NBET executes N1.3trn power sector payment assurance facility By Uthman Salami The Minister of State, Power, Dr Goddy Jedy Agba, has commended the Management and staff of the Nigerian Bulk Electricity Trading (NBET) Plc for their contribution towards the…
Minister of State for Power, Mr Goddy Jedy-Agba has commended the Nigerian Bulk Electricity Trading (NBET) Plc. for its contributions to the growth of the power sector. He charged it not to relent. NBET Head, Corporate Communications, Ms Henrietta Ighomrore,…
By Uthman Salami The Nigerian Bulk Electricity Trading (NBET) Plc has said the federal government is aggressively introducing liquidity and stability back into the Nigerian moribund power sector. The company said various initiatives and interventions as contained in the Power…
Power generation companies were not paid 59.17 per cent of the invoice issued last year for the electricity produced and fed into the national grid. The government-owned Nigerian Bulk Electricity Trading Plc buys electricity in bulk from generation companies through…
