Wednesday, Jan 29th 2020 12:04 PM

Market Digest Nigeria


Stalemate in Electricity Agency – As MD Defies Ministry Over ‘Sacked Officials

There is a crisis in the Nigerian Bulk Electricity Trading (NBET) because of the failure of the Managing Director (MD), Dr. Marilyn Amobi, to reinstate two senior staff of the agency she “unilaterally” sanctioned over alleged infractions.

Despite the intervention of a mediation committee set up by the Federal Ministry of Power which supervises the agency, Dr. Amobi has allegedly refused to allow them access to their offices. She was said to have taken disciplinary action against Waziri Bintube, the General Manager and Chief Finance Officer (CFO), and Sambo Abdullahi, the Deputy General Manager and Head of Internal Audit of the agency.

Trouble started when Dr. Amobi alleged that Bintube went on leave without authorisation, an action she said negated the extant regulations of the company. Amobi reportedly issued a query to Bintube and he allegedly failed to respond within the stipulated time and was thereafter directed to resign.

She also alleged that Abdullahi refused to be redeployed within NBET and withheld official audit stamps and locked up the security safe of the agency. The officers have since denied the allegations. While the agency stopped Abdullahi’s salary and allowances since December, 2017, staff that were reporting to Bintube were asked to report to other officers.

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