The Managing Director, Nigerian Bulk Electricity Trading (NBET) Plc, Dr. Marylyn Amobi has been relieved of her post.
This followed a directive from the Minister of Power, Sale Mamman, on Monday.
The directive, which was with immediate effect, was said to be part of the restructuring and sanitation of the Federal Ministry of Power.
Special Adviser to the Minister, Aaron Artimas, made this known via a statement in Abuja.
READ ALSO: FG denies cancelling Power Purchase Agreements
According to the short statement the Minister has constituted a five- man investigative committee to probe the complaints against Amobi.
Meanwhile, Amobi is to hand over to the most senior Director in the Organization.
The statement read: “In continuation of the reorganization/sanitation in the Federal Ministry of Power, the Honourable Minister, Engr. Sale Mamman has directed the Managing Director of the Nigerian Bulk Electricity Trading Company to step down with immediate effect.
“In View of this, the Minister has also directed the constitution of a 5-Man investigative committee to look into the myriads of complaints against the MD/CEO with the view to restoring sanity in the Management of the company.
“Consequently, she is to handover to the most senior Director in the Organization.”
