President Muhammadu Buhari has approved the removal of Marilyn Amobi as the managing director of the Nigerian Bulk Electricity Trading Plc, NBET, a wh
President Muhammadu Buhari has approved the removal of Marilyn Amobi as the managing director of the Nigerian Bulk Electricity Trading Plc, NBET, a wholly-owned Nigerian government company incorporated in 2010 in line with the Electric Power Sector Act, 2005, days after her continued violation of Nigeria’s code of conducts for public officials was reported
The Minister of Power, Saleh Mamman, announced her removal on Monday evening. The minister, in a press statement, said the removal was approved by President Buhari, and further announced the company’s General Counsel and Secretary, Nnaemeka Eweluka, as the new substantive boss of NBET “with immediate effect.”
According to PremiumTimes, Marilyn Amobi had continued to run a private firm, ESL Economics and Management Limited, registered in the United Kingdom, while being a public officer in Nigeria in violation of the country’s code of conduct rule for public officials. She also continued to run a foreign account in violation of Nigeria’s law. This obviously angered President Buhari who immediately ordered her removal.
Nigeria’s constitution prescribes code of conduct for public officers, including those in publicly-controlled companies, such as NBET.
The code of conducts stipulates that public officers shall not “engage or participate in the management or running of any private business except it is farming.”
By implication, when one takes public office in Nigeria, they are expected to formally resign from the management or directorship of a private company in which they are involved even if such belongs to them.
