The House of Representatives on Wednesday summoned Minister of Power, Works and Housing, Babatunde Fashola over alleged violation of the 2017 Appropriation Act.
The lawmakers queried the Nigerian Bulk Electricity Trading Plc over the utilization of N22 billion spent monthly on gas without regular supply of power.Chairman of the committee, Daniel Asuquo said “I don’t know whether the acquisition of the distribution companies is worth more than N701 billion. The total capital of these companies may not be up to N701 billion.
“Yet we are borrowing money to support them and give NBET.”
Comments
Post a Comment
Lasgidi Online readers are solely responsible for their comments, Their comments does not represent the views of the admin.
We have a comment policy, if we find your comment insultive and not good for others to read, we will be forced to remove it.
Thanks.....keep commenting, we love them.