Saturday 4 July 2020
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nigeria70 - 11 days ago

NBET owes power stations N120bn in three months

’Femi Asu The Nigeria Bulk Electricity Trading Plc failed to pay 25 power producers a total of N119.55bn in the first three months of this year for the electricity produced and fed into the national grid. The government-owned NBET buys electricity in bulk from power generation companies through Power Purchase Agreements and sells through vesting


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