The House of Representatives is to investigate the activities of
the Nigeria Bulk Electricity Trading Company (NBET) between 2015
and 2020 with a view to ascertaining whether there has been act if
corruption in the management of the agency.
The House had last week stepped down a motion pass a vote of no
confidence on the Managing Director of the Company, opting to
investigate the activities of the company.
Adopting a motion of urgent public importance Sponsored by Rep.
Mohammed Wudil and 24 others, the House mandated its Committees on
Power, Financial Crimes and Anti-corruption to carry out the
investigation and report back to the House for further action.
Moving the motion on behalf of his co-sponsors, Rep Wudil said
that in line with the provisions of the Standing Orders of the
House of Representatives, the Committee on Power is saddled with
the responsibility of carrying out oversight on the Ministry of
Power and its agencies, including the Nigeria Bulk Electricity
Trading Company (NBET).
He said the Committee on Power is in receipt of complaints
against Nigeria Bulk Trading Company (NBET) since inception of the
agency.
He said further that they are aware of several anti-corruption
agencies among which are the Economic and Financial Crimes
Commission, the Independent Corrupt Practices Commission and the
Independent Corrupt Practices Commission and the Office of the
Auditor General for the Federation have earlier investigated the
agency and came out With reports.
The committee is to submit its report to the House for further
action within three weeks.
The House of Representatives is to investigate the activities of
the Nigeria Bulk Electricity Trading Company (NBET) between 2015
and 2020 with a view to ascertaining whether there has been act if
corruption in the management of the agency.
The House had last week stepped down a motion pass a vote of no
confidence on the Managing Director of the Company, opting to
investigate the activities of the company.
Adopting a motion of urgent public importance Sponsored by Rep.
Mohammed Wudil and 24 others, the House mandated its Committees on
Power, Financial Crimes and Anti-corruption to carry out the
investigation and report back to the House for further action.
Moving the motion on behalf of his co-sponsors, Rep Wudil said
that in line with the provisions of the Standing Orders of the
House of Representatives, the Committee on Power is saddled with
the responsibility of carrying out oversight on the Ministry of
Power and its agencies, including the Nigeria Bulk Electricity
Trading Company (NBET).
He said the Committee on Power is in receipt of complaints
against Nigeria Bulk Trading Company (NBET) since inception of the
agency.
He said further that they are aware of several anti-corruption
agencies among which are the Economic and Financial Crimes
Commission, the Independent Corrupt Practices Commission and the
Independent Corrupt Practices Commission and the Office of the
Auditor General for the Federation have earlier investigated the
agency and came out With reports.
The committee is to submit its report to the House for further
action within three weeks.