TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Why we sacked REA, NBET MDs – FG

The Citizen by The Citizen
January 7 2020
in Business
A A
0
Transmission upgrade shaky without DisCos keeping pace – Punch

The Federal Government on Monday provided additional reasons why the managing directors of the Rural Electrification Agency and the Nigerian Bulk Electricity Trading Company were removed from office.

It disclosed in a statement issued in Abuja by the Special Assistant to the Minister of Power, Aaron Artimas.

The statement alleged that the sacked bosses of REA and NBET were part of a cabal which held the power ministry by the throat and were “denying Nigerians the full value of their huge investments in the power sector.”

It added, “As early as November last year, this cabal began to sponsor insidious reports using some faceless groups in Lagos, claiming that ‘the Ministry of Power was failing under the new minister.’

“It is the same ‘untouchables’ who want to perpetuate themselves in power that are now resisting any form of reorganisation meant to reposition the ministry for optimum performance.

“The ministry should not be tied down by individuals whose only concern is the retention of power at the expense of service delivery.”

It also said infighting and squabbling in the agencies, as well as non-performance led to the sacking the MDs.

On December 24, 2019, the Minister of Power, Sale Mamman, suspended REA’s Managing Director, Damilola Ogunbiyi, indefinitely.

Mamman also ordered NBET’s Managing Director, Marilyn Amobi, to step down with immediate effect.

Both managing directors at the agencies have since been replaced with new appointees.

Explaining what led to the removal of the MDs in the statement on Monday, the power ministry said, “Many Nigerians are not unaware of the squabbling and unfortunate infighting affecting the two agencies as well as other alleged infractions.

“This obviously affected their performance in impacting the entire industry. No responsible leadership will tolerate such chaotic situation and expect success on the ultimate goal of improving power in the country.”

It stated that one of the factors affecting the maximum performance of the Ministry of Power was lack of proper integration and coordination by its agencies.

Previous Post

APC leaders in Oshiomhole ward endorse Obaseki

Next Post

Govt set to limit estimated electricity bills

Related Posts

Food prices record month-on-month increases
Business

Food prices record month-on-month increases

June 2 2026
Supreme Court sanctions Providus–Unity Bank merger
Business

Supreme Court sanctions Providus–Unity Bank merger

June 2 2026
Nigerians need affordable fuel – Punch
Business

Petrol price soars 643% in three years

June 2 2026
Nigeria’s blackout persists despite $3.6bn World Bank loans
Business

Nigeria’s blackout persists despite $3.6bn World Bank loans

June 2 2026
Türkiye opens a new visa application centre in Lagos
Business

Türkiye opens a new visa application centre in Lagos

June 1 2026
Businesswoman seeks CBN intervention in loan dispute with Access Bank
Business

Businesswoman seeks CBN intervention in loan dispute with Access Bank

June 1 2026
Next Post
Proposed hike in electricity tariffs – Thisday

Govt set to limit estimated electricity bills

Insecurity: CAN lobbies UN, US, UK

Insecurity: CAN lobbies UN, US, UK

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Ondo LG shuts schools over security concerns

Ondo LG shuts schools over security concerns

by The Editor
June 2 2026
0

...

IPOB hails observance of Biafra Heroes Remembrance Day

IPOB hails observance of Biafra Heroes Remembrance Day

by The Editor
May 31 2026
0

...

Alaafin urges FG to strengthen native intelligence after Oyo school attacks

Alaafin urges FG to strengthen native intelligence after Oyo school attacks

by The Editor
May 17 2026
0

...

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

by The Editor
May 12 2026
0

...

APPOINTMENTS

Elumelu joins Seplat board after $496m share acquisition

Elumelu joins Seplat board after $496m share acquisition

by The Editor
May 21 2026
0

...

Tinubu appoints 39-year-old Prof as new JAMB registrar

Tinubu appoints 39-year-old Prof as new JAMB registrar

by The Editor
May 21 2026
0

...

Soludo reshuffles power structure, swears in 18 Commissioners

Soludo reshuffles power structure, swears in 18 Commissioners

by The Editor
May 18 2026
0

...

Tinubu creates Homeland Security adviser role, appoints ex-army general

Tinubu creates Homeland Security adviser role, appoints ex-army general

by The Editor
May 11 2026
0

...

ODDITIES

Man dies after torture by So-Safe officers in Ogun

Man dies after torture by So-Safe officers in Ogun

by The Editor
June 2 2026
0

FUTO student dies in Man O’ War custody, police arrest three suspects

FUTO student dies in Man O’ War custody, police arrest three suspects

by The Editor
May 31 2026
0

Bus driver stabs transport officer to death in Calabar

Bus driver stabs transport officer to death in Calabar

by The Editor
May 26 2026
0

GLOBAL NEWS

Zimbabwe considers controversial presidential term-extension bill

Zimbabwe considers controversial presidential term-extension bill

by The Editor
June 2 2026
0

...

US cuts visa processing centres in Africa

US cuts visa processing centres in Africa

by The Editor
June 2 2026
0

...

Israel backs down on planned Beirut attack after Iran warns of intervention

Israel backs down on planned Beirut attack after Iran warns of intervention

by The Editor
June 1 2026
0

...

Ireland expands employment permit for international workers

Ireland expands employment permit for international workers

by The Editor
June 1 2026
0

...

UK bars US political commentators from entering country

UK bars US political commentators from entering country

by The Editor
June 1 2026
0

...

State of the States

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Gov. Adeleke mobilises hunters, security forces to protect Osun schools, communities

by The Editor
June 2 2026
0

...

Hoodlums attack Soludo’s Chief of Staff convoy, kill two policemen

Hoodlums attack Soludo’s Chief of Staff convoy, kill two policemen

by The Editor
June 1 2026
0

...

Amotekun Corps loses 200 operatives in battle against insecurity in Oyo

Amotekun Corps loses 200 operatives in battle against insecurity in Oyo

by The Editor
June 1 2026
0

...

Kano closes schools for Eid-el-Kabir

Gov. Yusuf approves N20,000 Eid package for Kano civil servants

by The Editor
May 26 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Two children return alone as IOM evacuates 182 Nigerians from Libya

Two children return alone as IOM evacuates 182 Nigerians from Libya

June 2 2026
Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Gov. Adeleke mobilises hunters, security forces to protect Osun schools, communities

June 2 2026
Zimbabwe considers controversial presidential term-extension bill

Zimbabwe considers controversial presidential term-extension bill

June 2 2026
Terrorists kidnap Army Major General, wife in Katsina

Bandit leader contacts abducted Army General’s family, seeks release of gang members

June 2 2026

EDITORIAL REVIEW

Nigeria’s obscene money politics – Punch

Nigeria’s obscene money politics – Punch

by The Editor
June 2 2026
0

The $498.8m fund to fight Ebola – Vanguard

The $498.8m fund to fight Ebola – Vanguard

by The Editor
June 1 2026
0

Tinubu denies Christian, Muslim genocide in Nigeria

Three years of Tinubu reforms – Punch

by The Editor
June 1 2026
0

Children’s Day of gloom – Punch

Children’s Day of gloom – Punch

by The Editor
May 31 2026
0

Recycled leaders, Recycled problems – PM News

Recycled leaders, Recycled problems – PM News

by The Editor
May 26 2026
0

Opinion

Of bandits and their informants/sponsors

Of bandits and their informants/sponsors

by The Editor
June 1 2026
0

...

Nigeria at critical juncture – Vanguard

Nigerian economy: The street is not smiling!

by The Editor
June 1 2026
0

...

Tinubu sticking to anti-masses policy, says Afenifere

As criminals seize Nigerian babies

by The Editor
May 31 2026
0

...

School attacks and the death of ethics

School attacks and the death of ethics

by The Editor
May 22 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.