Buhari reconstitutes Board of Nigeria Bulk Electricity Trading Company

President Muhammadu Buhari has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET).

President Muhammadu Buhari during the inauguration of an Advisory Committee of the Niger Delta Development Commission The Federal Ministry of Finance, Budget and National Planning, said in a statement on Thursday that President Buhari has given approval for the Board to be reconstituted.

BPE holds 80 per cent equity in the electricity bulk trader incorporated on July 29, 2010 as the special purpose vehicle to carry out the business of bulk purchasing and resale of electricity under license from the Nigerian Electricity Regulatory Commission under the electric power sector reform Act .

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