Nigeria, March 4 -- There was drama on Tuesday at the House of Representatives as lawmakers clashed with the Acting Managing Director of Nigerian Bulk Electricity Trading PLC (NBET), Akinnawo Johnson, during an oversight session on the government's revenue performance.

The session, convened by the House Committee on Finance, chaired by James Faleke (APC, Lagos), was part of ongoing engagements with key revenue-generating agencies to examine their performance and the implementation of fiscal policies critical to government income.

Trouble began when Mr Johnson, in his opening remarks, stated that NBET was "ipso facto not a revenue-generating entity."

According to him, the agency is funded through regulatory income derived from the marke...