NBET – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 14 Nov 2023 16:27:09 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png NBET – InfoStride News https://www.theinfostride.com 32 32 Power Play: CBN, NBET, and More Accumulate N180 Billion Debt for Electricity Supply, Reveals NDPHC https://www.theinfostride.com/power-play-cbn-nbet-and-more-accumulate-n180-billion-debt-for-electricity-supply-reveals-ndphc/ https://www.theinfostride.com/power-play-cbn-nbet-and-more-accumulate-n180-billion-debt-for-electricity-supply-reveals-ndphc/#respond Tue, 14 Nov 2023 16:27:09 +0000 https://www.theinfostride.com/?p=360442 The Director-General of the Niger Delta Power Holding Company (NDPHC), Chiedu Ugbo, recently shed light on the complex financial landscape within Nigeria’s power sector, revealing that the combined debt burden of the Central Bank of Nigeria and the Nigeria Bulk Electricity Trading Company (NBET) currently stands between the substantial range of N150 billion and N180 [...]

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]]> https://www.theinfostride.com/power-play-cbn-nbet-and-more-accumulate-n180-billion-debt-for-electricity-supply-reveals-ndphc/feed/ 0 NBET board to hold emergency meeting over N7.68 billion budgetary allocation https://www.theinfostride.com/nbet-board-to-hold-emergency-meeting-over-n7-68-billion-budgetary-allocation/ https://www.theinfostride.com/nbet-board-to-hold-emergency-meeting-over-n7-68-billion-budgetary-allocation/#respond Sat, 10 Jul 2021 03:23:14 +0000 https://www.theinfostride.com/?p=300189   An insider told newsmen last night that the emergency board meeting was called as a result media report that alleged that ‘’the company was being used as a conduit to siphon public funds’’, especially when it was discovered that NBET Plc was allocated N7.68 billion in 2021 budget – for projects outside its mandates. [...]

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