Status
No final report
Assembly
House of Representatives
Opened
6 February 2026
Assembly term
10th National Assembly (2023–2027)
Committee
Committee on Finance
Sum at issue
₦4.099 billion
Subject
Spending and misuse of funds
Without a report for
278 days
At the 2025 budget performance hearing of the Nigerian Bulk Electricity Trading Plc, the House Committee on Finance, chaired by James Faleke (APC, Lagos), questioned the acting Managing Director, Johnson Akinowo, over the spending of ₦4.099 billion in regulatory income, including ₦470.1 million on international travel and training despite a presidential directive restricting foreign trips, ₦377 million on staff welfare and ₦111.8 million on retreats.
What the record shows
- 6 February 2026Probe opened.
- As of 11 November 2026No final report of this probe has been found on the public record.
Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.