Nigerian distribution companies to pay all invoices with new tariffs – Wonodi

  • Posted by NBETMaster
  • On March 30, 2016
  • 0 Comments
Nigerian Bulk Electricity Trading (NBET) says the remittance of the distribution companies to other members of the value chain would improve significantly with the new tariff regime which became effective from February 1, this year. According to NBET, the DISCOS will now be able to pay all their invoices. Rumundaka Wonodi, Managing Director, Nigeria Bulk […]
Read More
 1

Impact of transitional electricity market on Nigeria’s power sector

  • Posted by NBETMaster
  • On March 24, 2016
  • 0 Comments
Last November, previously government owned power companies were sold to private sector investors. The move is a significant step towards the provision of reliable power in Africa’s largest economy. Another requirement for the smooth transition of Nigeria to a private sector led power sector is the declaration of the transitional electricity market by the Power […]
Read More
 1

Activities in Nigeria’s power sector

  • Posted by NBETMaster
  • On March 24, 2016
  • 0 Comments
Nigeria’s Minister of Power, Chinedu Nebo has said that power generation in Nigeria is down by 1000 megawatts in October due to vandalism of gas pipelines. Rumudanka Wonodi CEO of the Nigeria Bulk Electricity Trading company joins CNBC Africa to discuss activities in Nigeria’s power sector.
Read More
 

Nigeria creates a facility to pay off gas debts

  • Posted by NBETMaster
  • On March 24, 2016
  • 0 Comments
The Nigerian government in readiness to address revenue shortfalls in the power sector announced a 213 billion naira facility which it also plans to use to pay off the country’s gas debts. Rumundaka Wonodi, managing director and CEO of the Nigeria Bulk Electricity Trading joins CNBC Africa to unpack this intervention fund.
Read More
 

NBET explores investment in Nigeria’s electricity space

  • Posted by NBETMaster
  • On March 24, 2016
  • 0 Comments
The Nigerian Bulk Electricity Trading Company has said more investments will be seen in the generating and distribution companies in Nigeria’s electricity market with the new payment system introduced by the company. In an exclusive interview with the chief financial officer of NBET, CNBC Africa’s Ummu Ibrahim discussed investment in Nigeria’s electricity space.
Read More
 

Privatisation within Africa’s energy space

  • Posted by NBETMaster
  • On March 24, 2016
  • 0 Comments
It has been a week dominated by the US-Africa Summit. CNBC Africa’s Nozipho Mbanjwa was there and she had an opportunity to chat to Rumundaka Wonodi, CEO of NBET about privatisation within the energy space and government work to make the sector more attractive for private money.
Read More
 

Dangote Group Partner Others To Build Massive Gas Pipeline

  • Posted by NBETMaster
  • On May 1, 2015
  • 0 Comments
  • application/pdf
Aliko Dangote, president, Dangote Group, has revealed plans to quadruple the supply of gas to Nigeria by building pipelines that may be backed by Carlyle Group LP and Blackstone Group LP, the world’s two biggest private-equity firms. Dangote, who has a net worth of $15 billion, will invest $2.2 billion to $2.5 billion in two […]
Read More