ELECTRICITY ACT, 2023

Section 96: Expenditure of the N-HYPPADEC.

2023Section 96 of 233Federal Republic of Nigeria

The N-HYPPADEC shall apply the proceeds of the Fund established under section 95 of this Act to -(a) the cost of administration of the N-HYPPADEC;
(b) the payment of salaries, fees, remuneration, allowances, pensions and gratuities payable; under this Act;
(c) the payment for all contracts, including mobilisation, fluctuations, variations, legal fees and cost on contract administration;
(d) the payment for all purchases; and
(e) undertake such other activities as are connected with all or any of the functions of the N-HYPPADEC under this Act.

Cite this section

Section 96, ELECTRICITY ACT, 2023 (2023).

https://repo.podus.ai/laws/electricity-act-2023/section/96/