For The Second Time, FG Sacks NBET MD, Marilyn Amobi

For the second time, Federal Government has sacked the managing director of Nigerian Bulk Electricity Trading, PLC (NBET), Dr. Marilyn Amobi.

She was replaced by Dr. Nnaemeka Eweluka, the company’s General Counsel and Secretary, according to a statement by the Minister of Power, Sale Maman, Monday.

It would be recalled that the Minister had less than three months ago, reportedly sacked Dr. Amobi, but was later reversed.

The statement signed by Aaron Artimas, Special Adviser Media & Communications to the Minister said: “In furtherance of the reorganization/ realignments in the Power Sector, the Honourable Minister of Power Engr. Sale Mamman announces the appointment of a new Managing Director for the Nigerian Bulk Electricity Trading, PLC.

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

“He is to succeed Dr. Marilyn Amobi, as substantive Managing Director/CEO, while the former MD is to handover and proceed on terminal leave with immediate effect.

“President Muhammadu Buhari had earlier approved the recommendation to this effect.

“Dr. Eweluka, a lawyer comes to this position with over twenty years’ experience, spanning private practice, academics and the Power sector.

“He is a specialist on privatization and legal energy reforms as well as a member of the Chartered Institute of Arbitration.”