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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader (454 Views)
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Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader by EgbechoFaith23: 9:06am On Aug 10, 2018 |
The Nigeria Sovereign Investment Authority (NSIA) on Thursday said it paid about $417.46 million to the country’s electricity bulk trader, the Nigeria Bulk Energy Trading Company Plc (NBET). This, it said, is contrary to allegations by the Association of Electricity Distributors Investors (AEDI) and the Association of Nigerian Electricity Distributors (ANED) that the Ministry of Power had diverted the funds into the award of “frivolous, over-priced and senseless contracts.” The allegation followed the accusation by the Minister of Power, Works and Housing, Babatunde Fashola, that the electricity distribution companies failed to deliver on their mandate to the industry........... Read More.http://egbechofaith.com/nigerias-sovereign-wealth-agency-transfers-417-5m-to-electricity-bulk-trader/
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Re: Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader by SolutionMee: 10:05am On Aug 10, 2018 |
FTC I dedicate this to the deceased people of Offa bank robbery. We've not forgotten you so soon. You'll forever lives in our heart Also to Leah Shibru. We don't know whether you're still alive or not. But wherever you are, the Lord is on your side Also to Nigeria Democracy. All efforts by wicked politicians and undemocratic leaders to destroy you will not stand. Though there is visible interruption at the moment but very soon, our hard earned democracy will be restored. As for the main post, I'm tired of Nigeria news Hence, I have nothing to say |
Re: Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader by EgbechoFaith23: 10:10am On Aug 10, 2018 |
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Re: Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader by Cjrane2: 12:13pm On Aug 10, 2018 |
Looting of Nigeria by the Buhari regime has continued unabated. They are borrowing money and stacking up foreign debts in Nigeria's name, stealing ALL the proceeds from crude oil sales through the NNPC, selling Nigerian assets abroad and silently pocketing the money, looting recovered Abacha loot, and even stealing from future establishments such as Sovereign Wealth Fund meant for the future generation. When the cost is counted after these evil men leave office, this Buhari administration will go down as the most corrupt in history of the country that looted Nigeria to it's bones. 2 Likes |
Re: Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader by EgbechoFaith23: 10:25am On Aug 13, 2018 |
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Re: Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader by Bethel4Life(f): 10:59am On Aug 13, 2018 |
Hhmm |
Re: Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader by EgbechoFaith23: 11:14am On Aug 13, 2018 |
thanks |
Re: Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader by EgbechoF: 11:37am On Aug 13, 2018 |
Hmmmm |
Re: Nigeria’s Sovereign Wealth Agency Transfers $417.5m To Electricity Bulk Trader by EgbechoFaith23: 11:11am On Aug 14, 2018 |
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