TheCable

A house of representatives committee on finance has invited Zainab Ahmed, minister of finance, budget and national planning, and Abubakar Aliyu, minister of power. 

The committee also invited the Nigerian Electricity Regulatory Commission (NERC), Nigerian Bulk Electricity Trading (NBET), Bureau of Public Procurement (BPP), and the Niger Delta Power Holding Company.

The invited officials are to answer queries over the planned sale of power plants belonging to the NDPHC.

James Faleke, chairman of the committee, issued the invitation during the sitting on Tuesday.

“The heads of these agencies are to appear. We will communicate the appropriate date that will be convenient for all of us — at a later date,” he said.

During the panel sitting, Sule Abdulazeez, TCN managing director, told the committee that Azura power company had not been supplying the national grid with up to 450 megawatts of electricity each month as required by the power purchase agreement.

Abdulazeez ascribed the reason to the non-completion of the lines to evacuate the power to the national grid.

TheCable had reported how the committee grilled officials of the Nigerian Bulk Electricity Trading (NBET) over the $33 million “take-or-pay” Azura power plant agreement.