The National Industrial Court, Abuja on Wednesday ordered the Nigerian Bulk Electricity Trading Plc to pay its Head of Internal Audit, Sambo Abdullahi, his salary, emoluments and other entitlements within 30 days.
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The latest media blitz by ICPC has however gone to the extent of linking the Office of the Vice President, Yemi Osinbajo, by revealing that its Chairman, Bolaji Owosanye, referred the report on its investigations to the office as far back as March, another indication that the decision to actually prosecute the MD of NBET had not been taken despite the media “indictment”
The Association of Power Generation Companies says power Generation Companies have not received payment for electricity generated since June 2018 from the Nigerian Bulk Electricity Trading Plc.
The QIPP, NBET, Nigerian National Petroleum Corporation, Ministry of Finance, had agreed to a Put and Call Option Agreement.