The Nigerian Bulk Electricity Trading Plc. is a Federal Government of Nigeria owned public liability company established to be a catalyst in the development of an efficient and competitive wholesale electricity market through bulk purchase of power and ancillary services from Independent Power Producers (IPPs) and successor Generation Companies (GENCOS) for resale to Distribution Companies (DISCOS) and other large consumers who may take electricity directly from the national grid.

NBET was incorporated on 29th July 2010 with the FGN shareholding split between the Bureau of Public Enterprises (80% shareholding) and Ministry of Finance Incorporated (20% shareholding). NBET is licenced by the Nigerian Electricity Regulatory Commission.