OrderPaperToday – The House of Representatives on Tuesday resolved to mandate the Committees on Power, Financial Crimes and Anti-corruption to investigate the activities of Nigeria Bulk Electricity Trading Company (NBET) from 2015 to date.
This followed a motion under matters of urgent national importance brought by Mr. Mohammed Wudil (APC, Kano) and several others. Mr. Wudil who led the debate on the motion said that there were complaints of corruption and sharp practices against NBET since inception of the agency.
He also said the investigation was in line with the provisions of the Standing Orders of the House of Representatives as the Committee on Power is saddled with the responsibility of carrying out oversight on the Ministry of Power and its agencies, including the NBET.
According to him, “the Committee on Power in receipts of complaints against Nigeria Bulk Trading Company (NBET) since inception of the agency necessitated this motion.
“It is also public knowledge that several anti-corruption agencies among which are the Economic and Financial Crimes Commission, the Independent Corrupt Practices Commission and the Office of the Auditor General for the Federation have earlier investigated the agency as well.”
The motion was passed when Speaker Femi Gbajabiamila put the question and referred to Committees on Anti Corruption, Financial Crimes and Power to report back within two weeks for further legislative action.

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