By Ikugbadi Oluwasegun
Kashim Shettima, Vice President has reaffirmed the Federal Government’s commitment to sustained power sector reforms, as the Niger Delta Power Holding Company (NDPHC) marked its 20th anniversary.
Speaking at the company’s anniversary celebration held at the State House Banquet Hall, Abuja, Shettima acknowledged NDPHC’s significant contributions to national development over the past two decades
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.
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 enterprisewhile 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.
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.
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.
