Category News

NBET boss sacked over complaints, faces probe

The Managing Director/CEO of the Nigerian Bulk Electricity Trading Plc (NBET), Dr. Marilyn Amobi, has been sacked by the Federal Government. The Minister of Power, Engr. Sale Mamman yesterday directed she should step down, citing ‘’reorganisation and sanitation’’ as reasons…

Fuel subsidy gulps N1.5 trillion

Surpasses health, education, agric budgets Overshoots by N78bn in 2019 The current administration spent N1.477 trillion ($4bn dollars) on subsidy on Premium Motor Spirit (PMS) also known as petrol between May 2015 when the government was inaugurated and July 2019,…