Section 201 Electricity Act 2023

Section 201 of the Electricity Act 2023 is about Expenditure of the Institute. It is under Part XIX (National Power Training Institute of Nigeria) of the Act.

The Institute may apply the proceeds of the funds received under section 200 of this Act to –

(a) defray the cost of administration of the Institute;

(b) reimbursing members of the Council or of any Committee set up by the Council for such expenses as may be expressly authorised by the Council in accordance with the rates approved by the National Salaries and Wages Commission;

(c) the payment of salaries, fees, facilitation or consultancy fees or other remuneration, allowances payable in the course of performance of the Institute’s activities;

(d) acquisition or maintenance of any property of the Institute; and

(e) any other expenditure in connection with the functions of the Institute.