The Nigerian Bulk Electricity Trading Company (NBET) will spend N450 billion as capital expenditure on power interventions this year, according to the 2024 federal budget. The agency intends to spend N454.81 billion with the additional sum budgeted for recurrent expenditure, which covers personnel costs (N2.44 billion), and other recurrent costs (N2.36 billion). The “other recurrent costs” include general travel and …