• 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
Ghana To Receive West Africans Deported From US

Ghana Slams US University Over Cancellation Of President Mahama’s Award

1 hour ago
Nigeria: Aliko Dangote Urge President Tinubu To Stop Paying For Fuel Subsidy

Middle East Crisis Could Force Remote Work In Africa – Dangote

3 hours ago
Billionaire Tesla CEO, Musk Says Money Can’t Buy Happiness

Namibia Blocks Application For Musk’s Starlink To Operate

4 hours ago
DSS Invites Lawmakers Protesting For Accountability In Electricity Distribution

Sri Lanka Cuts Power Use As Middle East War Strains Energy Supply

6 hours ago
Ghana: Mahama Vows To Cut Freebies For Govt Officials If Elected President

Ghana Pushes UN To Recognise Slave Trade As Crime Against Humanity

7 hours ago
Tuesday, March 24, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    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

    35-Year-Old Rapper Set To Become Nepal’s Youngest Prime Minister

    35-Year-Old Rapper Set To Become Nepal’s Youngest Prime Minister

    Nguesso Set To Extend 4-Decades Rule As Congo Republic Votes Sunday

    Nguesso Set To Extend 4-Decades Rule As Congo Republic Votes Sunday

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

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

    Trump Threatens 25% Tariffs On iPhones Not Produced In US

    Trump Says New Iran’s Leader Can Only Last With Washington’s Approval

  • Economy
    Russia’s Damaged Tanker To Be Moved From Mediterranean To Libya Port

    Russia’s Damaged Tanker To Be Moved From Mediterranean To Libya Port

    Ethiopia Revives Stock Exchange After 50-Year Hiatus

    Ethiopia Identifies Currency Swings, Inflation As Key Economic Threats

    Musk Offers To Offset Salaries Of US Airport Security Officials

    Musk Offers To Offset Salaries Of US Airport Security Officials

    Middle East Crisis Leaves African Airlines Battling Skyrocketing Running Costs

    Middle East Crisis Leaves African Airlines Battling Skyrocketing Running Costs

    Vessel Carrying Fuel Originally Bound For Cuba Diverts To Trinidad

    Vessel Carrying Fuel Originally Bound For Cuba Diverts To Trinidad

    Nigeria, UK Sign £746m Deal To Revive Tin Can, Apapa Ports

    Nigeria, UK Sign £746m Deal To Revive Tin Can, Apapa Ports

    Nigeria: ExxonMobil, Shell, Others Agree To End Lawsuits Against NNPC Over Oil Contracts

    Nigeria: Anti-Graft Agency Returns ₦4bn Recovered Funds To NNPC

    Nigeria: 13th Edition Of PwC Roundtable To Address Epileptic Power Supply

    World Bank Debars Three PwC African Units Over Ethiopia–Kenya Power Project Misconduct

    US Cancels Programme Granting Ethiopians Temporary Protected Status

    Ethiopia Presses Fuel Conservation Amid Middle East–Driven Price Surge

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    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

    35-Year-Old Rapper Set To Become Nepal’s Youngest Prime Minister

    35-Year-Old Rapper Set To Become Nepal’s Youngest Prime Minister

    Nguesso Set To Extend 4-Decades Rule As Congo Republic Votes Sunday

    Nguesso Set To Extend 4-Decades Rule As Congo Republic Votes Sunday

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

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

    Trump Threatens 25% Tariffs On iPhones Not Produced In US

    Trump Says New Iran’s Leader Can Only Last With Washington’s Approval

  • Economy
    Russia’s Damaged Tanker To Be Moved From Mediterranean To Libya Port

    Russia’s Damaged Tanker To Be Moved From Mediterranean To Libya Port

    Ethiopia Revives Stock Exchange After 50-Year Hiatus

    Ethiopia Identifies Currency Swings, Inflation As Key Economic Threats

    Musk Offers To Offset Salaries Of US Airport Security Officials

    Musk Offers To Offset Salaries Of US Airport Security Officials

    Middle East Crisis Leaves African Airlines Battling Skyrocketing Running Costs

    Middle East Crisis Leaves African Airlines Battling Skyrocketing Running Costs

    Vessel Carrying Fuel Originally Bound For Cuba Diverts To Trinidad

    Vessel Carrying Fuel Originally Bound For Cuba Diverts To Trinidad

    Nigeria, UK Sign £746m Deal To Revive Tin Can, Apapa Ports

    Nigeria, UK Sign £746m Deal To Revive Tin Can, Apapa Ports

    Nigeria: ExxonMobil, Shell, Others Agree To End Lawsuits Against NNPC Over Oil Contracts

    Nigeria: Anti-Graft Agency Returns ₦4bn Recovered Funds To NNPC

    Nigeria: 13th Edition Of PwC Roundtable To Address Epileptic Power Supply

    World Bank Debars Three PwC African Units Over Ethiopia–Kenya Power Project Misconduct

    US Cancels Programme Granting Ethiopians Temporary Protected Status

    Ethiopia Presses Fuel Conservation Amid Middle East–Driven Price Surge

  • 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

Ghana Slams US University Over Cancellation Of President Mahama’s Award

Namibia Blocks Application For Musk’s Starlink To Operate

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

Ghana To Receive West Africans Deported From US

Ghana Slams US University Over Cancellation Of President Mahama’s Award

March 24, 2026
Billionaire Tesla CEO, Musk Says Money Can’t Buy Happiness

Namibia Blocks Application For Musk’s Starlink To Operate

March 24, 2026
DSS Invites Lawmakers Protesting For Accountability In Electricity Distribution

Sri Lanka Cuts Power Use As Middle East War Strains Energy Supply

March 24, 2026

Ghana Pushes UN To Recognise Slave Trade As Crime Against Humanity

Russia’s Damaged Tanker To Be Moved From Mediterranean To Libya Port

Nigeria: Court Jails Former AGF 72 Years For Stealing Defence Funds

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