NDPHC Advocates for Gradual Electricity Subsidy Removal

Jennifer Adighij, the Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), has called on the federal government of Nigeria to gradually remove electricity subsidies. She argues that implementing full cost-reflective tariffs is essential for restoring financial stability in Nigeria's power sector.

Adighij highlighted that liquid constraints remain a significant challenge, with only 30% of market invoices currently settled, creating financial strain across the electricity value chain. She also pointed out the ongoing gas supply shortages affecting thermal generation plants, which account for nearly 60% of operational costs for power generation companies.

NDPHC is constructing ten power plants across ten states, with eight already commissioned. The company has recovered 900 megawatts of previously dormant generation capacity and aims to enhance operational discipline.

Furthermore, NDPHC is diversifying into renewable energy, including solar and small hydro projects, to support economic growth and improve power reliability.