Thursday, February 12, 2026
-8.4 C
Tallinn

New NBET Chairman, Sulaiman Argungu, Assumes Office, Calls for Collaboration

The newly appointed Chairman of the Nigerian Bulk Electricity Trading (NBET) Plc, Sulaiman Argungu, has assumed office at the agency’s headquarters in Abuja, calling for stronger collaboration to enhance Nigeria’s electricity sector.

Mr. Argungu, who also serves as the National Organizing Secretary of the ruling All Progressives Congress (APC), was received at the office alongside party leaders.

A statement issued Wednesday by his Special Assistant, Sani Galadima, noted that the reception was attended by the Acting Managing Director/Chief Executive Officer, Johnson Akinnawo, along with NBET board members and senior management staff.

During the visit, Mr. Akinnawo introduced the new chairman to staff, highlighting NBET’s crucial role in maintaining a stable and efficient electricity trading framework. He assured that efforts were underway to improve the country’s power sector.

In his remarks, Mr. Argungu expressed gratitude for the warm reception and pledged to collaborate with the board and management to enhance electricity trading and supply. He stressed the importance of stakeholder cooperation in advancing President Bola Tinubu’s Renewed Hope agenda and ensuring sustainable progress in the sector.

He further reaffirmed his commitment to policies that promote stability, transparency, and innovation in electricity trading, with a particular focus on renewable energy solutions.

Hot this week

EU Parliament Approves Deportation of Migrants to ‘Safe’ Third Countries

By Kevin Akor BRUSSELS (chatnewstv.com) — The European Parliament on...

Vista Secures Future Fleet with Major 160-Aircraft Order from Bombardier

By Kevin Akor DUBAI, United Arab Emirates — Vista, the...

EU Council Approves First SAFE Defence Loans for Eight States, Authorizes Canada Agreement

By Kevin Akor BRUSSELS (chatnewstv.com) — The Council of the...

I wont support Peter Obi in 2027 — Cubana Chief Priest

By Stella Ordia Cubana Chief Priest, a popular Nigerian socialite...

Trump Deploys 200 Troops to Nigeria

Agency Report The United States has deployed approximately 200 troops...

Latest

EU Parliament Approves Deportation of Migrants to ‘Safe’ Third Countries

By Kevin Akor BRUSSELS (chatnewstv.com) — The European Parliament on...

Vista Secures Future Fleet with Major 160-Aircraft Order from Bombardier

By Kevin Akor DUBAI, United Arab Emirates — Vista, the...

EU Council Approves First SAFE Defence Loans for Eight States, Authorizes Canada Agreement

By Kevin Akor BRUSSELS (chatnewstv.com) — The Council of the...

I wont support Peter Obi in 2027 — Cubana Chief Priest

By Stella Ordia Cubana Chief Priest, a popular Nigerian socialite...

Trump Deploys 200 Troops to Nigeria

Agency Report The United States has deployed approximately 200 troops...

EU Council Appoints New Prosecutors for Belgium, Czechia to EPPO

By Gabriel Ani BRUSSELS (chatnewstv.com) — The Council of the...

Germany, Central Asian Nations Reaffirm Strategic Partnership in Berlin Declaration

By Kevin Akor BERLIN (chatnewstv.com) — Germany and five Central...

German court finds US man guilty of offering secrets to China

Agency Report A US citizen was found guilty by a...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

BREAKING: SERAP sues NNPCL over ‘failure to account for missing N22.3bn, $49.7m, £14.3m, €5.2m oil money’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the "failure to account for...

North Sea states sign deal to create ‘world’s largest energy hub’

By Agency Report European countries bordering the North Sea have agreed to sizeable investments to expand offshore wind energy production, at a major gathering in Germany...

Nigeria Eyes Crude Trade Expansion with China Amid Venezuelan Supply Collapse

By chatnewstv.com LAGOS, Nigeria — Nigeria is positioning its oil sector to capture a larger share of the Asian energy market as a dramatic collapse...

BluEnergies partners with TotalEnergies for Liberian offshore exploration

By chatnewstv.com VANCOUVER, British Columbia — BluEnergies Ltd. announced Thursday it has entered into a joint study agreement with a subsidiary of TotalEnergies SE to...

Rubio Defends US ‘Quarantine’ on Venezuelan Oil, Cites Court Orders as Legal Basis

WASHINGTON — Secretary of State Marco Rubio defended the Trump administration's move to "run" the direction of Venezuela through a maritime quarantine, telling ABC’s...

US sanctions oil traders and ‘shadow fleet’ supporting Maduro regime

WASHINGTON — The U.S. Treasury Department on Wednesday sanctioned four international shipping companies and four oil tankers, accusing them of operating a "shadow fleet"...

SERAP sues governors, Wike ‘over failure to account for N14trn fuel subsidy savings’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria's governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom...

Sweden Receives First Application for State Aid to Build New Nuclear Power

STOCKHOLM — The Swedish government has received its first formal application for state aid to construct new nuclear reactors, marking a historic shift in...

Unsold & Unwanted: Nigeria and Angola Struggle to Move 40 Million Barrels of Oil

LONDON — Nigerian and Angolan crude oil is struggling to find buyers as a growing global supply surplus and cheaper alternative barrels crowd the...