from the comments here, its obvious we now have a young generation of educated illiterates and its no fault of anybody but theirs because they don't read very wide. I now know why my Dad back then forced me to read the daily newspapers. Ignorance about the country you live in is truly a disease.

Imagine folks thinking it was NBET was a betting company, omo wahala dey

Nobody knows NBET or you don't know about it.When you say NBET is useless, it shows how ignorant you are of the power sector. Well, the industry is not for everyone sha. NBET is the body that acts as intermediary between GENCOS and DISCOS in electricity procurement and trading through PPAs and Vesting contracts. Without them, the Discos are too illiquid to pay for electricity upfront.

DonFreshmoney:
This company is as useless as queue in the word queue.. nobody knows this company so they can afford to put a Igbos as the head... When he appoints a southerner as NERC or TCN head, then we will discuss.

Martahi:
How are we sure is Buhari that made this appointment

Pls stop making silly comments. There's no award for comments.

DonFreshmoney:
This company is as useless as queue in the word queue.. nobody knows this company so they can afford to put a Igbos as the head... When he appoints a southerner as NERC or TCN head, then we will discuss.

NBET is very important. They are the ones who act as the go between for the distribution companies and govt. They control how much electricity is sold to the discos which also impacts how much electricity you get as the end user.

So Buhari decided to appoint another Fulani man as NBET Managing Director.
We will not take it ����
I am sure he couldn’t find a worthy Igbo man to replace the igbo woman that was removed.
Igbo’s have been marginalized.
We want Biafra Republic now

Wow!
Not only is he well educated he is also vast in the field of electricity purchasing n management.

I for read law o!....The can fit in anywhere

Pls which kain appointment is this?

Alihamdulillahi

Foolish positions he's giving to Igbos.
Stoopid man

God bless Buhari, he just appointed our Igbo Brother.

Dalu oo, Mazi Buhari.

Clint02:
All this their audio titles sef.
Which one be Nigeria bulk electricity?, wetin bulk dey find for there..ehn?,Buhari wetin sef??

U guys are pathetic

E do, wahala
E no do wahala

DonFreshmoney:
This company is as useless as queue in the word queue.. nobody knows this company so they can afford to put a Igbos as the head... When he appoints a southerner as NERC or TCN head, then we will discuss.

.. Your Hatred for Buhari is beyond human mental capacity

Ogonimilitant:
The position is of no significance

that's ur opinion,u are entitled to it,the beneficiary knows more about its significance

His CV is INTIMIDATING!!!

Martahi:
How are we sure is Buhari that made this appointment

Trump made it....

Satisfied ?

kikero:


Very true...though my problem with NBET is that it's existence means that technically speaking there is a 'subsidy' on power...which makes it difficult for DISCOS and GENCOS to raise funds.

Then you do not know fully what NBET stands to solve. I wonder how NBET's existence translate to subsidy, much more when our market is not mature for a willing-buyer-willing-seller yet, how do you think all the dumping Discos resorted to when they could not take all power from GENCOs are resolved ?

agabusta:


The discos always default on payment. They claim the prices we currently pay are not market driven.

The FG put that link to keep the sector going. A sort of subsidy.

I think it is more of guarantee than subsidy. NERC on the other hand are the subsidy agent. The Discos ab-initio were not financially competent to run, they never wanted to invest in metering but wanted to keep collecting funds from customers under the estimated billing cycle.

Power cannot stored. Once produced must be off-taken. NBET is that plug that guarantee that power produced is paid for hence GENCOS can continue to produce. They are a temporary arrangement till market parity is attained

Dolly99:

How did you upload the photo? Is it that choose file option

Yes,the 'choose file'.

Terrorist u appoints him just to cover up ur nepotism,
CEO of unknownn agency... If igboman or Yoruba man be your chief of staff and inner circle of cabinet heaven go fall Nah unah they go use this nonsense of federal character scam again not somebody like me

CzarChris:
Lord knows, when I saw this topic my immediate thought was like Nigerian government don open bet shop to generate more IGR?

When I see ignorant submissionike these, I get more disappointed. Tells you the "intellectual maturity" of typical NLers especially on things relating to the nation, commerce and economy.......especially when Google is a click away

mapet:


When I see ignorant submissionike these, I get more disappointed. Tells you the "intellectual maturity" of typical NLers especially on things relating to the nation, commerce and economy.......especially when Google is a click away

WTF is wrong with you, are you so daft that you don't understand what sarcasm is? Oga "know it all" continue with your over serious view of life, na your type High BP dey quick kill.

Nonsense!

CzarChris:
WTF is wrong with you, are you so daft that you don't understand what sarcasm is? Oga "know it all" continue with your over serious view of life, na your type High BP dey quick kill.

Nonsense!

Sarcasm? That Sarcasm that portrays intellectual deficit is what again? When a generation of supposed youth has knowledge tilted to betting agencies than the wellbeing of their economy, is that not an indication of a useless bunch?

MASTERyCHIEF0847:

See leaders of tomorrow? Tueh!

I don't understand.

Finnese001:
Ife sie ike, achoba ndi IGBO

Gba fa niyi! Ndi obi ojoo

Is it just me or Agboola Gambari seems to favour Igbos since he mounted the saddle. First replaced SE with SE in neco, then appointed NOI to replace NC at WTO. Now, he's replacing SS with SE at NBET. Meanwhile he's yet to do anything of note for the Yorubas.
Prolly living up to his reputation as an Abacha man.

mapet:


I think it is more of guarantee than subsidy. NERC on the other hand are the subsidy agent. The Discos ab-initio were not financially competent to run, they never wanted to invest in metering but wanted to keep collecting funds from customers under the estimated billing cycle.

Power cannot stored. Once produced must be off-taken. NBET is that plug that guarantee that power produced is paid for hence GENCOS can continue to produce. They are a temporary arrangement till market parity is attained

You're correct. It's more like a securities and exchange centre not a subsidy agency.

Ogonimilitant:
The position is of no significance

In terms of visibility you're correct. But in terms of being lucrative, believe me it's far better than NERC

Congrats!



To whom much is given, more is expected!






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mapet:


I think it is more of guarantee than subsidy. NERC on the other hand are the subsidy agent. The Discos ab-initio were not financially competent to run, they never wanted to invest in metering but wanted to keep collecting funds from customers under the estimated billing cycle.

Power cannot stored. Once produced must be off-taken. NBET is that plug that guarantee that power produced is paid for hence GENCOS can continue to produce. They are a temporary arrangement till market parity is attained

Thanks for the enlightenment.

mapet:


Sarcasm? That Sarcasm that portrays intellectual deficit is what again? When a generation of supposed youth has knowledge tilted to betting agencies than the wellbeing of their economy, is that not an indication of a useless bunch?

Dude, believe me, your too uptight. You need to lighten up a bit. Stop walking around like you've got a stick way up your azz. This life is too simple and short to be taken too seriously.

Seriously, I don't even gamble. I just made a little comic relief with a bite of sarcasm and your all over my case calm down.

Another thing guy I'm no kid, so please speak with me with atleast a little pinch of respect.

Thank you.

ada9ja:


U guys are pathetic

E do, wahala
E no do wahala

No dear.
For me,if e do no wahala.