President Muhammadu Buhari has approved the appointment of Elias Nwalem Mbam [Pictured], an engineer as chairman for the Revenue Mobilisation, Allocation and Fiscal Commission.
The President also approved the appointment of Dr. (Mrs) Marilyn Amobi as the Managing Director/Chief Executive Officer of Nigerian Bulk Electricity Trading Company.
The appointments come as Nigerian Bulk Electricity Trading Company Plc (NBET) approves an entry price of 11.5 cents (currently about N30) per kilowatts hours (kWh) as the entry price for the 14 pioneer solar power stations set to be built in the country.
The 14 solar plants will collectively generate 1,125 megawatts (MW) of electricity which will be distributed to the grid through a stepped down transmission network to enable them to minimise levels of transmission losses.
The plants will be built in 11 states mostly in the northern part of the country.