The intervention should begin with the settling of over N4tn owed to power-generating companies and facilitating funding for ongoing projects to enhance electricity access nationwide
the cost of the plants should exceed $5bn based on international benchmark
NDPHC said in the document that the goal of the programme was to sell the current capacity available, and develop more,
Describing the 10 NIPP plants under the management of the Niger Delta Power Holding Company of Nigeria, as “critical national assets,” the governors said they had resolved to assess the plan to privatise the facilities.
One of such interventions was in 2005 when the Federal Government set up the Niger Delta Power Holding Company Limited (NDPHC) to fast-track power sector infrastructure development.
By Oke Peter The Managing Director/Chief Executive Officer of the Niger Delta Power Holding Company Limited (NDPHC), Mr Chiedu Ugbo, has said the firm has completed 100 transmission and distribution projects across the country in the last four years. Chiedu disclosed this at the inauguration of a 2x60MVA, 132/33kV substation and associated 132kV transmission lines…
