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Ewelukwa takes over at NBET as Amobi steps down

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  Dr Nnaemeka Ewelukwa has assumed office as the acting Managing Director CEO of the Nigerian Bulk Electricity Trading Plc NBET following the step down of Dr Marilyn Amobi This was made known in a statement issued by Ms Aisha Waziri from the Corporate Services Department of NBET in Abuja on Wednesday The News Agency of Nigeria recalls that the Minister of Power Mr Sale Mamman on Tuesday directed Amobi to step down over myriads of complaints Sale also raised a five man committee to investigate those complaints about Amobi Waziri said that Ewelukwa a General Manager and the pioneer General Counsel and Company Secretary at NBET has taken charge of the agency s operations She said that Ewelukwa has been part of the executive management team of NBET and has over 20 years of professional experience spanning private practice academia and currently public service Prior to joining NBET he served as a Technical Adviser on electricity regulatory and transaction issues with the Presidential Task Force on Power PTFP set up by the Federal Government to lead the implementation of the reform roadmap for the power sector He has led NBET s negotiations with Independent Power Producers IPPs and the development of Power Purchase Agreements PPAs at NBET Paving the way for billions of dollars in additional private sector investments in the electric power sector she said According to her Ewelukwa is also a co author of three globally acclaimed handbooks on electricity transactions namely Understanding Power Purchase Agreements 2014 Understanding Power Project Financing 2016 and Understanding Power Project Procurement 2018 They were supported by the United States Power Africa initiative and the African Legal Support Facility hosted by the African Development Bank AfDB A qualified lawyer by training Ewelukwa holds an undergraduate law degree from the University of Nigeria a Master of Law degree in International Business Law from the London School of Economics and Political Science LSE and a PhD in Law from Queen Mary University of London With specialisation on privatisation and the legal reform of the Nigerian power sector He is also a member of the Chartered Institute of Arbitrators she said Edited by Muhammad Suleiman Tola NAN
Ewelukwa takes over at NBET as Amobi steps down

Nnaemeka Ewelukwa

Dr Nnaemeka Ewelukwa has assumed office as the acting Managing Director/CEO of the Nigerian Bulk Electricity Trading Plc (NBET) following the step down of Dr Marilyn Amobi.

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Aisha Waziri

This was made known in a statement issued by Ms Aisha Waziri from the Corporate Services Department of NBET in Abuja on Wednesday.

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News Agency of Nigeria

The News Agency of Nigeria recalls that the Minister of Power, Mr Sale Mamman, on Tuesday directed Amobi to step down over myriads of complaints.

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Sale also raised a five-man committee to investigate those complaints about Amobi.

General Manager

Waziri said that Ewelukwa, a General Manager, and the pioneer General Counsel and Company Secretary at NBET, has taken charge of the agency’s operations.

She said that Ewelukwa has been part of the executive management team of NBET and has over 20 years of professional experience spanning private practice, academia and currently, public service.

Technical Adviser

“Prior to joining NBET, he served as a Technical Adviser on electricity regulatory and transaction issues with the Presidential Task Force on Power (PTFP} set up by the Federal Government to lead the implementation of the reform roadmap for the power sector.

Independent Power Producers

“He has led NBET’s negotiations with Independent Power Producers (IPPs) and the development of Power Purchase Agreements (PPAs} at NBET.

“Paving the way for billions of dollars in additional private sector investments in the electric power sector,” she said.

Power Purchase Agreements

According to her, Ewelukwa is also a co-author of three globally acclaimed handbooks on electricity transactions; namely, Understanding Power Purchase Agreements (2014}, Understanding  Power Project Financing (2016) and Understanding Power Project Procurement (2018}.

United State

“They were supported by the United States Power Africa initiative and the African Legal Support Facility hosted by the African Development Bank (AfDB).

Master of Law

“A qualified lawyer by training, Ewelukwa holds an undergraduate law degree from the University of Nigeria, a Master of Law degree  in International Business Law from the London School of Economics  and Political Science (LSE}, and a PhD in Law from Queen Mary University of London,

“With  specialisation on privatisation and the legal reform of the Nigerian power sector.

Chartered Institute of Arbitrators

“He is also a member of the Chartered Institute of Arbitrators,” she said.



Edited by: Muhammad Suleiman Tola
(NAN)

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