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Nigeria Bulk Electricity Trading Plc

Minister Babatunde Fashola accuses GENCOs of blackmail, politicking

Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, on Monday said he was not afraid of going to the law court over allegations of preferential treatment offered two power generating companies.

Power generation companies drags federal govt to court

Power Generation Companies (GENCOs) have sued the federal government for alleged discriminatory treatment of the companies and their gas suppliers with intent to harm their business interests.

Gencos gulped N152.9bn of N701bn power sector fund in seven months

The Nigeria Bulk Electricity Trading Plc (NBET) has disbursed a total of N152.974 billion to 23 power generation companies (Gencos) within the first seven months of 2017, according to a report.

$550m Ondo power plant: PPA will boost investors’ confidence, improve national grid by 550MW

The Power Purchase Agreement (PPA) between Kingline Development (KLD) and Nigeria Bulk Electricity Trading Plc (NBET) for construction of 550Mega Watts(MW) plant valued at 550million dollars will boost confidence of would-be investors in the project.

Federal govt, firm sign power purchase agreement on 40mw

The Federal Government has signed Power Purchase Agreement (PPA) with Mabon Nigeria Limited, which is currently executing 40 megawatts hydro-power project.

Recent Stories

Compulsory Retirement: Court fixes date to decide fate of ex-DSS spokesperson Marilyn Ogar

The National Industrial Court, Abuja, on Monday fixed October 15 to deliver judgment in a suit filed by a former spokesperson of the State Security Services (SSS, also called DSS), Marilyn Ogar, challenging her compulsory retirement.

FRSC: Trucks to be barred from Lagos bridges

The Federal Road Safety Corps (FRSC) has said that efforts are being made to place bars on some Lagos bridges to prevent indiscriminate parking of tankers and articulated vehicles.
2 President Buhari meets with Select Nigerians in the Diaspora living in the Netherlands on 16th July 2018

Nigerians in Netherlands urge President Buhari to end killings

Nigerians in The Netherlands Monday urged President Muhammadu Buhari to speedily put an end to the protracted killings of innocent Nigerians in the country.

General Buratai heads for Maiduguri to visit locations of attack

The Chief Of Army Staff (COAS), Lieutcenant-General Tukur Buratai, has left for Maiduguri, the Borno state capital, to have a first hand information on the attack of one of its location by terrorists over the weekend.
Gboyega Nasiru Isiaka

Flood: Aspirant calls on Ogun government to set up relief fund

Two-time governorship candidate and a gubernatorial aspirant of African Democratic Congress (ADC) in Ogun State, Gboyega Nasiru Isiaka, has called on the state government to set up a relief fund to mitigate the losses suffered by victims of the flood that ravaged Abeokuta metropolis last Friday