Reps summon Fashola over alleged violation of 2017 Appropriation Act

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.

Committee directed the Minister to appear before it along with the Permanent Secretary, Mr Louis Edozien and Managing Director of Transmission Company of Nigeria (TCN).

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.”

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