• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigerian Government Announces Early Phase-Out Of Fuel Subsidies

NBET Debunks Reports Of N7.68bn Allocation To Projects Outside Jurisdiction

5 years ago
US Gas Price Rises Above $4 For First Time In Four Years

US Gas Price Rises Above $4 For First Time In Four Years

4 hours ago
Sweden Phases Out Development Aid To Zimbabwe, Mozambique In Priorities Shift

Zambia, Sweden Seal Pact To Institutionalize High-Level Political Consultations

4 hours ago
Nigeria To Scrap Visa-On-Arrival Policy By April Over Security Concerns

Nigeria Flags Migration Crisis As 840,000 Foreigners Overstay Visas — Interior Minister

4 hours ago
Trump Launches Major Combat Operation In Iran Over Nuclear Programmes

Iran Vows To Target US Tech Firms If More Leaders Are Killed

5 hours ago
Senegal: President Faye Approves 10-Year Jail Term For Same-Sex Relations

Senegal: President Faye Approves 10-Year Jail Term For Same-Sex Relations

7 hours ago
Wednesday, April 1, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

    Congo: Constitutional Court Upholds Election Of 82-Year-Old N’Guesso For Fifth Term

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Opposition Figure Challenging Mnangagwa’s Tenure Extension Arrested

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Congo: Voting Ends As Observers Report Low Turnout

    Congo: Voting Ends As Observers Report Low Turnout

    French Foreign Minister Visits CAR To Renew Ties

    French Foreign Minister Visits CAR To Renew Ties

    Opposition Leader, Bobi Wine Flees Uganda, Cites Rising Threats

    Opposition Leader, Bobi Wine Flees Uganda, Cites Rising Threats

  • Economy
    US Gas Price Rises Above $4 For First Time In Four Years

    US Gas Price Rises Above $4 For First Time In Four Years

    Lesotho Eyes Bigger Deal In $300m Water Trade With South Africa

    Lesotho Eyes Bigger Deal In $300m Water Trade With South Africa

    South Africa Announces Temporary Cut In Fuel Levy To Stop Further Pump Price Hikes

    South Africa Announces Temporary Cut In Fuel Levy To Stop Further Pump Price Hikes

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    African Economy Already Weak Before Middle East Crisis — AfDB

    Morocco: Tangier Port Expands Capacity As Gulf Crisis Disrupts Global Shipping Routes

    Morocco: Tangier Port Expands Capacity As Gulf Crisis Disrupts Global Shipping Routes

    Trump Says Appointment Of New Iran’s Supreme Leader “Big Mistake”

    Trump Gives Iran Additional 10 Days To Reopen Strait Of Hormuz

    Taiwan Cites Visa Errors For Absence At Cameroon’s WTO Summit

    Taiwan Cites Visa Errors For Absence At Cameroon’s WTO Summit

    WTO DG Calls For Rejig Of Trade Rules To Meet Up With Current Realities

    WTO DG Calls For Rejig Of Trade Rules To Meet Up With Current Realities

    Life Expectancy In Nigeria Remains Below Global Standard At 54.6 Years

    Only 6% Of Nigerians Feel Financially Secure Despite Easing Inflation, Survey Finds

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

    Congo: Constitutional Court Upholds Election Of 82-Year-Old N’Guesso For Fifth Term

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Opposition Figure Challenging Mnangagwa’s Tenure Extension Arrested

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Congo: Voting Ends As Observers Report Low Turnout

    Congo: Voting Ends As Observers Report Low Turnout

    French Foreign Minister Visits CAR To Renew Ties

    French Foreign Minister Visits CAR To Renew Ties

    Opposition Leader, Bobi Wine Flees Uganda, Cites Rising Threats

    Opposition Leader, Bobi Wine Flees Uganda, Cites Rising Threats

  • Economy
    US Gas Price Rises Above $4 For First Time In Four Years

    US Gas Price Rises Above $4 For First Time In Four Years

    Lesotho Eyes Bigger Deal In $300m Water Trade With South Africa

    Lesotho Eyes Bigger Deal In $300m Water Trade With South Africa

    South Africa Announces Temporary Cut In Fuel Levy To Stop Further Pump Price Hikes

    South Africa Announces Temporary Cut In Fuel Levy To Stop Further Pump Price Hikes

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    African Economy Already Weak Before Middle East Crisis — AfDB

    Morocco: Tangier Port Expands Capacity As Gulf Crisis Disrupts Global Shipping Routes

    Morocco: Tangier Port Expands Capacity As Gulf Crisis Disrupts Global Shipping Routes

    Trump Says Appointment Of New Iran’s Supreme Leader “Big Mistake”

    Trump Gives Iran Additional 10 Days To Reopen Strait Of Hormuz

    Taiwan Cites Visa Errors For Absence At Cameroon’s WTO Summit

    Taiwan Cites Visa Errors For Absence At Cameroon’s WTO Summit

    WTO DG Calls For Rejig Of Trade Rules To Meet Up With Current Realities

    WTO DG Calls For Rejig Of Trade Rules To Meet Up With Current Realities

    Life Expectancy In Nigeria Remains Below Global Standard At 54.6 Years

    Only 6% Of Nigerians Feel Financially Secure Despite Easing Inflation, Survey Finds

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

NBET Debunks Reports Of N7.68bn Allocation To Projects Outside Jurisdiction

July 20, 2021
in Economy, Top Stories
0
Nigerian Government Announces Early Phase-Out Of Fuel Subsidies

Nigeria's Minister of Finance, Budget and National Planning, Zainab Ahmed.

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Chioma Iruke

Nigerian Bulk Electricity Trading (NBET) Plc has debunked reports that it inserted projects outside its area of operations in the 2021 budget of the organisation that was passed in December.

Relatedreading

US Gas Price Rises Above $4 For First Time In Four Years

Zambia, Sweden Seal Pact To Institutionalize High-Level Political Consultations

Recall, some reports, quoting insider sources, had alleged that NBET was allocated N7.68 billion and had a proposal approved to provide 500KVA transformers for some selected communities in various states at the cost of N150 million, as well as the supply and installation of transformers in selected areas of Gombe for N100 million and N50 million for different locations in Kano State.

In addition, the report listed the electrification of Gudus, Nyalun, Kunkyam, Yuli and other selected communities in Plateau State to the tune of N300 million, outside NBET’s mandate, as other projects surreptitiously inserted into the document.

When asked to respond to the insinuations, Head, Corporate Communication, NBET, Henrietta Ighomrore, explained that the organisation never added any item in the budget beyond those that were critical to its operations.

She insisted that one of the reports by an online medium that NBET scrambled to remove certain suspicious items from the document after it was uncovered could not be farther from the truth, saying it was impossible for NBET to alter an appropriation law, which is an Act of Parliament, singlehandedly.

She emphasised that although there may be different versions of the document it presented before the National Assembly flying online, the authentic and duly signed appropriation law did not contain any N7.68 billion.

She said: “There is no N7.6 billion in the NBET budget anywhere. This budget was passed in January 2021, so saying that somebody went and changed or removed anything in July is only fictional and it’s not possible.

“It’s not possible to get a passed budget and be removing and adding. The point of attraction and the sensationalism is centred around the N7.6 billion and it does not exist anywhere.

“How can we be asking for transformers and what exactly should we be asking for transformers for? We did not ask for any and that’s what I am trying to explain.”

Tags: NBET
ShareTweetSend
Previous Post

Chike’s Running To You Now Most Streamed Nigerian Song of 2021

Next Post

NCDC Confirms 15 Cases Of Monkeypox In Nigeria

Related Posts

US Gas Price Rises Above $4 For First Time In Four Years

US Gas Price Rises Above $4 For First Time In Four Years

March 31, 2026
Sweden Phases Out Development Aid To Zimbabwe, Mozambique In Priorities Shift

Zambia, Sweden Seal Pact To Institutionalize High-Level Political Consultations

March 31, 2026
Nigeria To Scrap Visa-On-Arrival Policy By April Over Security Concerns

Nigeria Flags Migration Crisis As 840,000 Foreigners Overstay Visas — Interior Minister

March 31, 2026

Iran Vows To Target US Tech Firms If More Leaders Are Killed

Senegal: President Faye Approves 10-Year Jail Term For Same-Sex Relations

Lesotho Eyes Bigger Deal In $300m Water Trade With South Africa

Next Post
NCDC Confirms 15 Cases Of Monkeypox In Nigeria

NCDC Confirms 15 Cases Of Monkeypox In Nigeria

Please login to join discussion
  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In