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NBET’s organizational structure is designed to support efficient electricity market operations through clearly defined leadership, governance, commercial, financial, legal, and operational functions.
The organizational structure provides a clear framework for decision-making, communication, and operational efficiency by outlining lines of authority and functional responsibilities within departments.
The Board of Directors provides overall governance, strategic direction, and oversight of NBET’s activities. It ensures that the organization operates in accordance with its mandate and in the best interests of its stakeholders.
The MD/CEO is responsible for the overall leadership, management, and execution of NBET’s strategy and operations. The role ensures effective implementation of corporate objectives and accountability for organizational performance.
This OCMA department is the heart of NBET, it oversees the procurement of electricity, negotiation and administration of power purchase agreements, and management of contractual relationships with market participants. It ensures that power transactions are effectively planned, executed, and monitored.
The Guarantee and Risk Management Department is responsible for identifying, assessing, and mitigating financial, operational, and market risks. It also manages guarantees and credit support mechanisms that enhance confidence and stability within the electricity market.
The Office of the MD/CEO provides strategic support to the Managing Director/CEO by coordinating corporate planning, performance monitoring, stakeholder engagement, and organizational governance initiatives. It helps align departmental activities with NBET’s overall strategic objectives.
The Corporate Services Department provides administrative and operational support to the organization. It manages human resources, information technology, facilities, logistics, and other essential services required for the efficient functioning of NBET.
The Legal and Compliance Department is headed by the General Counsel who is also the Company Secretary. The legal department ensures that NBET’s operations comply with applicable laws, regulations, and industry standards. It provides legal advisory services, manages corporate governance matters, and supports commercial transactions and regulatory engagements.
The Finance and Accounts Department is responsible for financial planning, budgeting, accounting, financial reporting, and internal financial controls. It ensures prudent management of NBET’s financial resources and supports the organization’s financial sustainability. It is headed by the Chief financial Officer (CFO).
We are committed to environmental stewardship, social responsibility and good governance in all that we do.
Promoting cleaner energy and reducing environmental impact.
Empowering communities and supporting national development.
Upholding transparency, accountability and ethical leadership.
Nigeria Bulk Electricity Trading Plc is a wholly Federal Government of Nigeria owned company incorporated on July 29 2010 as part of the roadmap for power sector reform towards the full implementation of the Electric Power Sector Reform Act (EPSRA).
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4th Floor, NBET House
Wuse 2, Abuja, Nigeria
+234 700 632 2277
info@nbet.com.ng
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