L
LequteMan
Guest
The Managing Director, NDPHC), Mr. James Olutu, has disclosed that the company would earmark $1.8billion for electricity transmission against its16,000 mega watts projection.
He explained that the federal, state, and local governments, which are shareholders in the National Integrated Power Projects (NIPP) have asked the Niger Delta Power Holding Company (NDPHC) to reinvest the proceeds from the sales of the 10 power plants in the power sector.
Speaking in Abuja during the induction of 308 trainees for the NAPTIN Graduate Skills Development Programme (NGSDP), Olotu said, “We are already on the verge of privatizing the power generation plants being constructed, which would require manpower to manage positions that would be opened in the process.
Source: The Sun newspaper
see more at http://sunnewsonline.com/new/business/ndphc-re-invest-1-8bn-power-transmission/
He explained that the federal, state, and local governments, which are shareholders in the National Integrated Power Projects (NIPP) have asked the Niger Delta Power Holding Company (NDPHC) to reinvest the proceeds from the sales of the 10 power plants in the power sector.
Speaking in Abuja during the induction of 308 trainees for the NAPTIN Graduate Skills Development Programme (NGSDP), Olotu said, “We are already on the verge of privatizing the power generation plants being constructed, which would require manpower to manage positions that would be opened in the process.
Source: The Sun newspaper
see more at http://sunnewsonline.com/new/business/ndphc-re-invest-1-8bn-power-transmission/
