President Buhari has approved the reconstituted Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET), which is being chaired by Zainab Ahmed, Minister of Finance, Budget and National Planning.
The appointment takes effect immediately, according to a statement from the finance ministry.
Yunusa Tanko Abdullahi, Special Adviser, Media and Communications to the Minister who confirmed the appointment in a statement on Thursday listed membership of the reconstituted NBET board to include; a Non-Executive Director from Ministry of Power, to be represented by a staff not below the level of a director; Alexander Ayoola Okoh, as a Non – Executive Director from Bureau of Public Enterprises, which owns 80% Shareholding in NBET; Patience Oniha, Director-General, Debt Management Office, as Non-Executive Director; as well as Ben Akabueze, Director-General, Budget Office of the Federation, as a Non-Executive Director.
Also, Kingsley Obiora, deputy governor of the Central Bank of Nigeria (CBN), has also been announced as the new chairman of the board of the Nigerian Export-Import Bank (NEXIM).
Obiora replaces Joseph Nnanna, former CBN deputy governor who retired from the board in February.
Tayo Omidiji, head of strategy and corporate communications of NEXIM, in a statement said with the appointment, Obiora will provide leadership to a team of professionals of NEXIM board toward achieving the bank’s mandate.
NEXIM mandate is basically to promote economic diversification and development of the Nigerian non-oil export sector.
“Obiora would bring to bear his wealth of experience as a seasoned economist and technocrat, having joined the International Monetary Fund (IMF) through the globally-competitive ‘Economist Programme’ in 2007,” Omidiji said.
Obiora assumed office in March as deputy governor (Economic Policy) of the Central Bank of Nigeria (CBN), following his appointment by President Buhari.
Abba Bello, NEXIM Bank managing director, welcomed Obiora to the bank and wished him a successful tenure, Omidiji stated.
HARRISON EDEH, ABUJA
