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Home Sectors Energy

Minister lauds NBET for growth of power sector

Abiola Odutola by Abiola Odutola
October 11, 2021
in Energy
Minister lauds NBET for growth of power sector

Minister of State for Power, Mr Giddy Jedy-Agba

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The Ministry of Power has commended the Nigerian Bulk Electricity Trading (NBET) Plc. for its contributions to the growth of the power sector.

This was disclosed by the Minister of State for Power, Mr Giddy Jedy-Agba on Sunday, according to the News Agency of Nigeria (NAN).

NBET is the manager and administrator of the Nigerian Electricity Supply Industry (NESI). The agency which is wholly owned by the Federal Government has continued to attract local and international commendation for managing the electricity pool.

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What the Minister said

The Minister noted that NBET’s commitment and dedication to improving electricity supply in the country were quite commendable.

He said, “I like the work you are doing here, but Nigerians expect more because until the country achieves stable and sustainable power supply, we can’t rest.

“In the Ministry of Power, we are happy with what you have achieved, but we expect you to do more because there’s still a lot to do for Nigeria to achieve the power plan of Mr President.”

He also noted that NBET remained a key player in the power industry.

“Regardless of where you are, this administration’s objective is one as Mr President wants to leave an indelible mark in every sector of the economy.

“We must work together to achieve this aim because the president and Nigerians will hold us all responsible if we fail,” he added.

What NBET is saying

The Managing Director of NBET, Mr Nnaemeka Eweluka, reassured the minister of the agency’s readiness to continue to work in synergy with the ministry and other stakeholders to improve on services.

On his part, the General Manager, Corporate Services, Mr Abba Aliyu, stated that the staff and management of NBET remained passionate and committed to delivering on its mandate.

According to Aliyu, the agency, with the labour force of average age of 26 years, parades the best brains in the commercial electricity value chain.

“The average age of our staff here is 26 years; this means that we have young people who are motivated and committed because they’re just starting their careers.

“The energy is still there, and I can assure you that we have the best brains here,’’ Aliyu said.

According to him, it is equally important to note that transparency trumps any other consideration for an agency like NBET that processes about N60 billion electricity invoices monthly with a 100 per cent accuracy rate.

Tags: NBETNigerian Bulk Electricity Trading
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

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