The House of Representatives has launched investigation into the operational and financial activities of the Niger Delta Power Holding Company , including all contracts awarded by the company since 2004.
Dike said that following the initial funding for NIPP from the Excess Crude Savings Account , the federal government incorporated the NDPHC as a limited liability company to serve as the legal vehicle to hold the NIPP assets using private sector-orientated best business practices. Dike also expressed deep concern over the widespread cases of non-execution of contracts by contractors of the NDPHC, some of which include the Lot 14 Lekki Ajah Transmission Line and Lot 8 of Ibiala Orlu Transmission Line.
“Again disturbed that despite the claims that over N50 billion had been paid to communities, contractors were said to have been prevented from doing their works by the communities over non-payment of compensation, even as there were allegedly other bogus payments made on compensation to communities, including ₦850 million as compensation to communities which has generated so much controversy”.
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Lafia 330/132kV substation 95% complete - NDPHC – Daily TrustThe Niger Delta Power Holding Company (NDPHC) has placed the completion level of the 330/132 kilovolt (kV) substation project at 95 percent. It said the facility will be commissioned in the first quarter of 2020 to boost power supply to Nasarawa State. The manager in charge of transmission at the NDPHC, Engr. Umar Abubakar Modibbo, …
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