From David Onuoja, Abuja
The Vice President, Kashim Shettima, has reaffirmed the Federal Government’s commitment to sustained power sector reforms, as Niger Delta Power Holding Company (NDPHC), marked its 20th anniversary.
Speaking recently at the NDPHC’s anniversary celebration, held at the State House Banquet Hall, Abuja, VP Shettima acknowledged NDPHC’s significant contributions to the national development over the past two decades.
Shettima, who also serves as Chairman of the Board of NDPHC, said the board views the milestone as an opportunity for institutional evolution—from an integration-driven entity to a commercially disciplined and market-focused enterprise—while remaining faithful to its national mandate.
According to him, “the board has prioritised extracting greater value from existing assets, strengthening contracts and market participation, ensuring governance-led commercialisation, managing risks responsibly, and investing in human capital.
Related News
“As Chairman, I wish to state unequivocally that the board remains fully committed to its responsibilities. We will continue to provide strategic direction, uphold the highest standards of governance, support management in taking sound and accountable decisions, protect shareholder value on behalf of the Nigerian people, and keep NDPHC aligned with national energy and development goals,” he said.
The Vice President noted that the enactment of the Electricity Act 2023 represents a defining turning point for Nigeria’s power sector and for NDPHC, stressing that the legislation provides clearer legal authority, enhanced commercial credibility, and stronger institutional footing for the company to compete, partner, and grow within a more open and dynamic energy market.
He also commended President Bola Ahmed Tinubu, for restoring investor confidence in the power sector. “In a time when the power sector required not just policy but results, Mr President has been a magician working not with illusion, but with discipline and reform. He has restored confidence in the sector and created the conditions for institutions such as NDPHC to thrive,” Shettima added.
Earlier, Minister of Power, Chief Adebayo Adelabu, underscored NDPHC’s critical role in the nation’s economy over the past 20 years, describing the company as a key pillar in expanding and safeguarding Nigeria’s electricity generation capacity.
He said through the National Integrated Power Project (NIPP), NDPHC has developed generation plants and associated value-chain infrastructure across the country, creating one of the largest portfolios of government-backed power assets in Africa.
The minister disclosed that NDPHC has recently restored 345 megawatts of generation capacity to the national grid, including 120MW from Omotosho NIPP, 112.5MW from Benin NIPP, and 112.5MW from Ihovbor (Geregu/Talata) NIPP.
He also highlighted the company’s implementation of the Light Up Nigeria project, aimed at boosting industrialisation and delivering reliable electricity to industrial clusters nationwide.
On his part, the Minister of State for Petroleum Resources (Gas), Dr. Ekperikpe Ekpo, has commended the Managing Director of the Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije, describing her performance as outstanding within the short period she has assumed leadership of the company.
Ekpo also commended the leadership at the board level, stating, “I appreciate her and her team. This commendation also goes to the Vice-President, who is providing strong leadership at the board level.”
In her opening remarks, NDPHC Managing Director, Engr. Jennifer Adighije, reaffirmed the company’s commitment to strengthening Nigeria’s energy infrastructure and supporting national development. She said beyond power generation, NDPHC has successfully executed projects across the transmission and distribution segments of the electricity value chain.
