Zainab Ahmed, Nigeria's minister of Finance
Business

Buhari names Finance Minister, Ahmed, chairperson of NBET Board

466

 

 

 

…Akabueze, Oniha, Ndanusa others are non-executive directors

 

President Muhammadu Buhari has appointed Mrs Zainab Shamsuna Ahmed, the Minister of Finance, Budget and National Planning as the Chairman of the board of Nigeria Bulk Electricity Trading Company Plc (NBET).

The membership of the reconstituted board include a Non-Executive Director from Federal Ministry of Power to be represented by a staff not below the level of a director, Mr Alexander Ayoola Okoh, as Non – Executive Director from Bureau of Public Enterprises with 80 per cent shareholder in NBET), Ms. Patience Oniha, Director-General, Debt Management Office as Non-Executive Director and Mr Ben Akabueze, Director-General, Budget Office of the Federation also as Non-Executive Director.

Also on the board are Malam Suleyman Ndanusa, former Director-General of Securities and Exchange Commission (SEC) as Non-Executive Director (Independent), Engr. Mustapha Balarabe Shehu and a former President Nigeria Society of Engineers (NSE) as Non-Executive Director (Independent).

The Managing Director/Chief Executive Officer of NBET, Dr Marilyn Amobi (member) and Mr Adeyeye O. Adepegba (Non-Executive Director (Independent) also made the list, according to a statement emailed to Perseondnews.

The Special Adviser, Media and Communications, to the Minister of Finance, Mr Yunusa Tanko Abdullahi, said the appointments take immediate effect.

 

Leave a comment

Related Articles

Naira Weakens to N1,550 Against Dollar Amid Increased Demand

The Nigerian naira has taken a hit, weakening to N1,550 against the...

Trump Establishes “Strategic Bitcoin Reserve” Via Executive Order

US President Donald Trump on Thursday signed an executive order establishing a...

CBN appoints 16 directors to strengthen its operations

The Central Bank of Nigeria (CBN) has taken a significant step to...

FirstBank holds groundbreaking ceremony for new state-of-the-art eco-friendly headquarters in Lagos

FirstBank, the premier bank in West Africa and a leading financial inclusion...

Tinubu Vows to Adopt Worldwide Best Practices to Revitalize Nigeria’s Economy

President Bola Tinubu has reiterated his administration’s commitment to learning from other...

FirstHoldCo: Reinforcing ESG, sustainability initiatives as it rebrands

By A.Ezekiel In a world where approximately 20% of new businesses fail...

Nigeria’s Net Domestic Credit Declines to N99.41trb in January 2025 – CBN

Nigeria’s net domestic credit has witnessed a significant decline, dropping to N99.41...

Nigeria’s GDP Grows by 3.84% in Q4 2024, Driven by Services Sector

Nigeria’s economy has shown resilience, with the country’s Gross Domestic Product (GDP)...

Tinubu Pledges to Support Fintech Companies, Hails Flutterwave’s Contribution to Digital Economy

In a significant boost to Nigeria’s financial technology (fintech) sector, President Bola...

Naira Appreciates to N1,514/$1 at Parallel Market, Gains N11 in One Day

The Nigerian naira continued its strong performance, appreciating by N11 or 0.72%...

Nigeria’s Inflation Rate Drops to 24.48% in January 2025

Nigeria’s National Bureau of Statistics (NBS) has reported a significant drop in...

CBN Gov. Cardoso Reaffirms Commitment to Digitalization, Financial Inclusion

The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso,...

FBN Holdings Transitions to First HoldCo Plc, Unveils New Identity

FBN Holdings Plc has officially announced its transition to First HoldCo Plc,...

Nigeria Partners Google to Harness AI for Digital Economic Growth

Nigeria is exploring a strategic partnership with Google to advance artificial intelligence...

Nigeria Sees Significant Growth in Non-Oil Exports, Reaching $5.45 Billion in 2024

Nigeria’s non-oil exports have seen a significant boost, reaching $5.45 billion in...

Naira Firms Up at N1,520/$ on Parallel Market Amidst Strengthening Fundamentals

The Nigerian naira has reached its strongest level in the unofficial market...

Nigeria’s business sector sees uptick in January, indicating economic recovery

Nigerian businesses kicked off in the new year on a positive note,...

CBN Reschedules Monetary Policy Committee Meeting for February 18-19

The Central Bank of Nigeria (CBN) has announced a new date for...

Nigeria’s Average Income Plummets to $835.49, Exacerbating Cost-of-Living Crisis – IMF

Nigeria’s economic problems have deepened, with the average income per person dropping...

Nigeria’s Treasury Bills Auction Sees Strong Demand for 364-Day Tenor

The Central Bank of Nigeria (CBN) has released the results of its...