Leadership (Abuja
24 August 2011
President Goodluck Jonathan yesterday asked members of the Board of the Nigeria Bulk Electricity Trading Plc (NIBET) to execute their tasks diligently and transparently to attract the confidence of consumers and the goodwill of international partners.
Jonathan who spoke while inaugurating the Board chaired by finance minister, Dr. Ngozi Okonjo-Iweala, at the Presidential Villa, said he was committed to the power sector reform and as such whatever that is in the process will be abridged.
He said, "We are quite determined to conclude all processes that would lead to generation, transmission and distribution of improved steady, stable and regular power supply to our people."
The president noted that NIBET, also known as bulk traders, is established to act as a catalyst for new investment into the power generation market and to stablise the market for those already in the business.
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