The Managing Director of the Niger-Delta Power Holding Company, NDPHC, Chiedu Ugbo has assured Nigerians of cost-effective supply of electricity to industrial clusters, as well as homes.
“This event, under the esteemed leadership of His Excellency, the Vice President and Chairman of Niger Delta Power Holding Company, signifies the unwavering commitment and preparedness of NDPHC in strategic collaboration with our esteemed partners, to undertake bilateral electricity sales to end-users.”
This is as well as various transmission and distribution infrastructure. However, a significant portion of this capacity remains stranded due to constraints within the transmission and distribution system, distribution losses, gas limitations, and the financial burden on the Federal Government’s balance sheet through NBET, the FGN-owned primary bulk purchaser of electricity that on-sells to electricity distribution companies in Nigeria.
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