President Muhammadu Buhari has reversed the dismissal of Marilyn Amobi as the managing director of the Nigerian Bulk Electricity Trading Company Limited (NBET).
The directive is in a memo issued by the office of the secretary to the government of the federation (SGF).
TheCable understands that the agency has also been moved from the ministry of power to the ministry of finance.
In December 2019, Sale Mamman, minister of power, asked Amobi to step down with immediate effect .
The minister also directed the constitution of a 5-man investigative committee to look into the allegations against the MD.
Nnaemeka Ewelukwa, a general manager of the agency, immediately assumed office but with this reversal, Ewelukwa has been asked to step aside for Amobi to resume her former position.
Again, on Tuesday, President Muhammadu Buhari reversed the suspension of Damilola Ogunbiyi as the managing director of the Rural Electrification Agency (REA).
In December, Sale Mamman, minister of power, ordered the indefinite Suspension-of Ogunbiyi.
He also ordered an investigation into alleged infractions by the agency under her.
Before her suspension, Ogunbiyi, first female MD of the REA, had tendered her resignation to take up a job as the UN special representative for sustainable energy and CEO of Sustainable Energy for All (SEforAll).
Ogunbiyi as REA MD is said to be responsible for negotiating within 18 months the Nigerian electrification project, which is a $550m facility (World Bank USD 350m and AfDB USD 200m) to rapidly construct solar mini-grids and deploy solar home systems across Nigeria.