Marilyn Amobi, managing director of the Nigerian Bulk Electricity Trading Company Limited (NBET), has been asked to step down with immediate effect.
Through his special Adviser, Aaron Artimas today, the minister, said the move is to restore sanity in the management of the company.
Mamman further directed that a 5-man investigative committee be constituted to study plenty of complaints against the MD/CEO with the view to restoring sanity in the Management of the company.
He noted that she is expected to hand over to the most senior Director in the Organization.
Mamman said In February, Leaks.ng had done a story on how Amobi reportedly approved at least N2 billion to two power generating companies, adding that she denied all the allegations.
The Independent Corrupt Practices and other Related Offences Commission (ICPC) had said it would prosecute Amobi, over procurement fraud.
In a report sent to the office of Vice-President Yemi Osinbajo in March, ICPC found Amobi guilty of at least five of the allegations levelled against her.
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