• 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

4 years ago
Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

9 hours ago
DRC, M23 Rebels Sign Fresh Peace Framework In Qatar To End Fighting

DRC, M23 Rebels Sign Fresh Peace Framework In Qatar To End Fighting

9 hours ago
Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

Why Trump Is Calling For Probe Into Clinton’s Epstein Links

23 hours ago
Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

23 hours ago
Malawi Steeply Devalues Currency To Shore Up Forex Reserves

Auto Draft

1 day ago
Sunday, November 16, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

    Why Trump Is Calling For Probe Into Clinton’s Epstein Links

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

    Tanzania: President Hassan Appoints Former Finance Minister As New PM

    Tanzania: President Hassan Appoints Former Finance Minister As New PM

    Paris Court Grants Sarkozy Release From Prison Under Judicial Supervision

    Paris Court Grants Sarkozy Release From Prison Under Judicial Supervision

    Nigeria: Ex-Central Bank Chief Wins Governorship Poll For 2nd Term

    Nigeria: Ex-Central Bank Chief Wins Governorship Poll For 2nd Term

    Djibouti: Parliament Removes Presidential Age Limit, Clears Way For 77-Year-Old Leader

    Djibouti: President Guelleh To Run For 6th Term After Removing Constitutional Age Limit

    Kenya Demands Safety Of Citizens Caught Up In Tanzania’s Post-Election Violence

    Kenya Demands Safety Of Citizens Caught Up In Tanzania’s Post-Election Violence

    US: First Female Speaker, Nancy Pelosi Announces Retirement At 85

    US: First Female Speaker, Nancy Pelosi Announces Retirement At 85

  • Economy
    Rwanda, Kano Chamber Of Commerce Seal Pact To Boost Trade, Investment Opportunities

    Rwanda, Kano Chamber Of Commerce Seal Pact To Boost Trade, Investment Opportunities

    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegal: IMF’s Call For Debt Restructure A “Disgrace” — Prime Minister

    Goldman

    Nigeria: Naira Holds Steady Against Dollar At Forex Market

    AfDB Launches Young Professionals Programme To Groom Africa’s Next Generation Of Development Leaders

    AfDB Launches Young Professionals Programme To Groom Africa’s Next Generation Of Development Leaders

    Nvidia In Talks To Invest In Arm IPO

    Nvidia Becomes World’s First $5 Trillion Company

    AfDB President Joins Global Leaders In Riyadh For Future Investment Initiative 

    AfDB President Joins Global Leaders In Riyadh For Future Investment Initiative 

    Namibia: President Netumbo Targets Women, Young People In Empowerment Agenda

    Namibia: President Nandi-Ndaitwah Takes Charge Of Mines and Energy Ministry

    PwC Exits Nine African Nations in Major Business Shift

    PwC Report: Nigeria, Kenya, South Africa Lead Africa Entertainment Media 

    AfDB, EU, Angola Launch $125 Million Youth Initiative To Create 150,000 Jobs

    AfDB, EU, Angola Launch $125 Million Youth Initiative To Create 150,000 Jobs

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

    Why Trump Is Calling For Probe Into Clinton’s Epstein Links

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

    Tanzania: President Hassan Appoints Former Finance Minister As New PM

    Tanzania: President Hassan Appoints Former Finance Minister As New PM

    Paris Court Grants Sarkozy Release From Prison Under Judicial Supervision

    Paris Court Grants Sarkozy Release From Prison Under Judicial Supervision

    Nigeria: Ex-Central Bank Chief Wins Governorship Poll For 2nd Term

    Nigeria: Ex-Central Bank Chief Wins Governorship Poll For 2nd Term

    Djibouti: Parliament Removes Presidential Age Limit, Clears Way For 77-Year-Old Leader

    Djibouti: President Guelleh To Run For 6th Term After Removing Constitutional Age Limit

    Kenya Demands Safety Of Citizens Caught Up In Tanzania’s Post-Election Violence

    Kenya Demands Safety Of Citizens Caught Up In Tanzania’s Post-Election Violence

    US: First Female Speaker, Nancy Pelosi Announces Retirement At 85

    US: First Female Speaker, Nancy Pelosi Announces Retirement At 85

  • Economy
    Rwanda, Kano Chamber Of Commerce Seal Pact To Boost Trade, Investment Opportunities

    Rwanda, Kano Chamber Of Commerce Seal Pact To Boost Trade, Investment Opportunities

    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegal: IMF’s Call For Debt Restructure A “Disgrace” — Prime Minister

    Goldman

    Nigeria: Naira Holds Steady Against Dollar At Forex Market

    AfDB Launches Young Professionals Programme To Groom Africa’s Next Generation Of Development Leaders

    AfDB Launches Young Professionals Programme To Groom Africa’s Next Generation Of Development Leaders

    Nvidia In Talks To Invest In Arm IPO

    Nvidia Becomes World’s First $5 Trillion Company

    AfDB President Joins Global Leaders In Riyadh For Future Investment Initiative 

    AfDB President Joins Global Leaders In Riyadh For Future Investment Initiative 

    Namibia: President Netumbo Targets Women, Young People In Empowerment Agenda

    Namibia: President Nandi-Ndaitwah Takes Charge Of Mines and Energy Ministry

    PwC Exits Nine African Nations in Major Business Shift

    PwC Report: Nigeria, Kenya, South Africa Lead Africa Entertainment Media 

    AfDB, EU, Angola Launch $125 Million Youth Initiative To Create 150,000 Jobs

    AfDB, EU, Angola Launch $125 Million Youth Initiative To Create 150,000 Jobs

  • 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

Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

DRC, M23 Rebels Sign Fresh Peace Framework In Qatar To End Fighting

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

Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

November 15, 2025
DRC, M23 Rebels Sign Fresh Peace Framework In Qatar To End Fighting

DRC, M23 Rebels Sign Fresh Peace Framework In Qatar To End Fighting

November 15, 2025

Why Trump Is Calling For Probe Into Clinton’s Epstein Links

Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

Auto Draft

Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

Next Post
NCDC Confirms 15 Cases Of Monkeypox In Nigeria

NCDC Confirms 15 Cases Of Monkeypox In Nigeria

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

November 15, 2025
DRC, M23 Rebels Sign Fresh Peace Framework In Qatar To End Fighting

DRC, M23 Rebels Sign Fresh Peace Framework In Qatar To End Fighting

November 15, 2025
Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

Why Trump Is Calling For Probe Into Clinton’s Epstein Links

November 15, 2025
Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

November 15, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

November 15, 2025

DRC, M23 Rebels Sign Fresh Peace Framework In Qatar To End Fighting

November 15, 2025

Why Trump Is Calling For Probe Into Clinton’s Epstein Links

November 15, 2025

Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

November 15, 2025

Auto Draft

November 14, 2025

Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

November 14, 2025

SA Criticised For Holding 153 Palestinian Passengers On Plane For 12 Hours

November 14, 2025

Ivory Coast To Tighten Border Security Over Influx Of Refugees From Mali

November 14, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • 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