The Niger Delta Power Holding Company (NDPHC) has called for increased financial support to address critical challenges in Nigeria’s power sector, particularly the ongoing liquidity crisis.
Managing Director of NDPHC, Jennifer Adighije, appealed while receiving members of the House Committee on Power, led by Chairman Victor Nwokolo, during a site inspection of the Egbema National Integrated Power Project (NIPP) in Imo State.
Adighije highlighted the strategic importance of the Egbema Power Plant, describing it as a vital component of the NIPP. She provided an update on its progress, noting that the project comprises three generating units with a total installed capacity of 375 MW. The contract, awarded to China Machinery Engineering Corporation (CMEC) in 2023, is scheduled for completion by the end of the year.
This was to assess the progress of work for the completion of 375MW which is very critical for Nigeria’s grid stabilization. pic.twitter.com/cuPddYJRXA
— NDPHC (@ndphconline) March 28, 2025
She also mentioned that NDPHC is closely monitoring progress to ensure timely completion.
She highlighted the broader challenges facing the power sector, particularly a liquidity crisis of over ₦4 trillion owed to generation companies (GenCos). She urged presidential intervention to facilitate funding for ongoing projects, settle outstanding payments, and enhance electricity access nationwide.
Adighij reiterated NDPHC’s commitment to advancing President Tinubu ‘s vision of reliable, affordable electricity, positioning the company as the backbone of Nigeria’s power sector.
According to a statement signed by the General Manager, Communication & Public Relations, NDPHC, Olufunke Nwankwo, the inspection by the Chairman of the House Committee on Power aimed to assess the progress of the ongoing project and the challenges facing the power sector at large.
The Chairman of the House Committee on Power, Victor Nwokolo, commended the NDPHC Management for their proactive approach in reviving the Egbema Power Plant, and he proceeded to state that the project had faced delays due to litigation issues, but the new management and contractor have significantly accelerated progress.
From the inspection, approximately 60% of the work has been completed, bringing the project closer to commissioning.
He expressed confidence that with proper funding, the contractors will deliver on schedule.
Addressing broader sectoral concerns, he acknowledged the cash crunch in the industry but praised the President for signing the Electricity Act, which has improved the financial viability of the power sector.
He also noted that new tariff structures are making the sector more attractive to investors and financial institutions.
The Chairman further commended President Bola Tinubu for his renewed Hope Agenda and commitment to power sector reforms.
He also commended the Minister of Power for his leadership and efforts in advancing critical projects.
The contractors were also commended for their dedication to ensuring steady progress.
He emphasised that beyond electricity generation, the project would create jobs, enhance security, and contribute to economic growth in surrounding communities.
The Chairman relayed the concern of Mr. Speaker, House of Representatives, regarding developments in the power sector.
He assured that Egbema Power Plant, with adequate funding, will soon reach full operational capacity and align with other functional power plants.
The Chairman expressed optimism, commending Mr. President for increasing the sector’s budget, a reflection of his commitment to power sector development.
He assured that the National Assembly will not distort allocations, ensuring funds are effectively utilised.
He emphasised the strong relationship between NDPHC and the legislative committees on power, which has contributed to smoother legislative oversight and minimal public hearing issues.
The inspection reaffirmed the commitment of both the executive and legislative arms of government to enhancing Nigeria’s power sector.
The House Committee on Power expressed confidence in NDPHC’s leadership and assured continued legislative support to address sector challenges, particularly in securing adequate funding for project completion.
“NDPHC remains committed to delivering on its mandate to expand power generation capacity and contribute to national energy security and economic development,” he said.
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