The Managing Director of the Niger Delta Power Holding Company Limited, NDPHC, Jennifer Adighije has stated the need for a presidential intervention to address the severe liquidity crisis plaguing the power sector.
She said 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 MD made the appeal while hosting the House Committee on Power, led by its Chairman, Victor Nwokolo, on a site inspection of the Egbema National Integrated Power Project Power Plant.
The Egbema Power Plant is a key project under the National Integrated Power Project, which was conceived in 2004 under former President Olusegun Obasanjo.
According to a statement by the NDPHC General Manager, Communication & Public Relations, Olufunke Nwankwo, on Friday, the inspection was aimed at assessing the progress of the ongoing project and discussing challenges facing the project as well as the power sector at large.
The statement read, “On Thursday, March 27, 2025, the Managing Director/CEO of Niger Delta Power Holding Company Ltd, Jennifer Adighije hosted the House Committee on Power, led by its Chairman, Hon. Victor Nwokolo, on a site inspection of the Egbema NIPP Power Plant.
“The inspection aimed to assess the progress of the ongoing project and discuss challenges facing the project as well as the power sector at large.
“She highlighted the broader challenges facing the power sector, particularly a liquidity crisis of over N4tn owed to generation companies. She urged for presidential intervention to facilitate funding for ongoing projects, settle outstanding payments, and enhance electricity access nationwide.”
Speaking during the inspection, Adighije provided an overview of the plant’s status, pointing out that the project consists of three generating units with an installed capacity of 375MW and that it was awarded to CMEC China Machinery Engineering Company in 2023, with completion targeted for end of the year.
