The Nigerian Bulk Electricity Trading Plc (NBET) has scored 86.7 per cent and obtained a gold level award for its performance and reforms.
The award was conferred on the power trading agency by the Bureau of Public Service Reforms (BPSR) in Abuja on Thursday.
The award followed the agency’s implementation of the bureau’s Self- Assessment Tool (SAT).
The Director General, BPSR, Dr Dasuki Arabi, said the manager and administrator of the electricity pool had a performance of 86.7 per cent; translating to a gold level award.
Arabi said, “Access to information from the agency was 100 per cent. This is very rare in the public service. We found NBET as an organisation that exceeds expectations. This means that NBET’s performance consistently exceeds expectations in all areas of responsibility.
“We have identified your agency as one of those building blocks that will take Nigerian public service to be among the first 20 public services of the world by 2025.”
In his remarks on the award, the Managing Director, NBET, Dr Nnaemeka Ewelukwa, said, “We value this as a feedback mechanism; we of course appreciate having a pat on the back, but it is being able to lead the reform agenda going forward.”
He further said NBET also made a case for funding in the Power Sector Recovery Programme (PSRP) to help in board training, strengthening systems and automating processes.
He noted that, “I believe that is about a $1m donor funding. We are looking at providing a real-time portal for power sector payments. We are automating our processes to bring in more transparency into our work.”