• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 21, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NDPHC Ready to Deploy 2,000MW Of Stranded Assets To Boost Lagos Power — MD

Nse Anthony-Uko by Nse Anthony-Uko
2 months ago
in Business
NDPHC
Share on WhatsAppShare on FacebookShare on XTelegram

Niger Delta Power Holding Company (NDPHC) has said it is ready to deploy about 2,000 megawatts of its stranded generation assets to help improve electricity supply in Lagos State.

The managing director and chief executive officer of NDPHC, Jennifer Adighije, made this known during a visit to the managing director/CEO of the Lagos State Electricity Regulatory Commission (LASERC), Temitope George, on Friday.

Adighije noted that Lagos currently receives roughly 1,000MW from the national grid against an estimated demand of 12,000MW, creating a significant supply gap that NDPHC is prepared to help close by supplying an additional 1,500MW in the near term and making longer-term investments in transmission and distribution.

“From the Lagos Electricity Market Report published recently, we can see there is a huge demand and supply gap for energy. This is the role we want to play, which is why we are engaging with LASERC to support the scaling and acceleration of distributed access to electricity in Lagos State.”

Adighije said that NDPHC has an installed capacity of about 4,000MW but currently dispatches only 400–500MW daily, leaving substantial stranded capacity, NDPHC’s head of Corporate Communications, Emmanuel Ojor,  provided a statement.

She said the company’s mandate spans generation as well as transmission and distribution, positioning NDPHC to scale up power supply across the gas-to-electricity value chain and to support Lagos’ goal of broader access and more reliable service.

Describing the Lagos market as “vibrant and commercially attractive,” Adighije said NDPHC is willing to invest in transmission and distribution assets to ensure reliable, affordable electricity to the last mile. She added that the company has led sector reforms and filled infrastructure gaps in the past, making it a suitable partner for LASERC.

“The Lagos electricity market is a very lucrative and vibrant one. This is a market where we are willing to make huge investments. In the past, we made investments in the form of interventions, so why would we not invest in a market where we have a clear line of sight to investment recovery?

“We are very keen to invest in transmission and distribution assets to ensure we can deliver quality, reliable and affordable electricity to the last mile,” she added.

RELATED NEWS

Sule Seeks Stronger Mortgage Funding, Positions Nasarawa For Affordable Housing Growth

BREAKING: MPC Keeps Rates Unchanged

Meet Post‑award Conditions in 90 Days Or Forfeit Blocks, NUPRC Licencees

Welcoming the delegation, LASERC MD Temitope George lauded NDPHC’s investments and affirmed the state’s commitment to improving power supply. George noted that Lagos has regulatory plans to secure 24/7 supply in some franchise areas and expressed confidence that NDPHC’s engagement and investment could help deliver continuous power to residents.

“Recently, during our maiden stakeholders’ session, we stated that part of our regulatory agenda is to ensure some franchise areas within Lagos enjoy 24/7 power supply. With the NDPHC MD’s visit today and the company’s willingness to partner with Lagos to provide power and invest in infrastructure, we are confident that Lagos residents will begin to see 24/7 electricity supply in the near future,” she added.

Adighije was accompanied by Prof. Stephen Ogaji, NDPHC general manager, Commercial & Business Development.

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn as much as $15,000- $25,000 with premium domains. You decide if you want payment in Naira or US Dollars. Be sure to ask for evidence and proof of people benefitting daily from this. CLICK HERE TO START
Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

OTHER NEWS UPDATES

Sule Seeks Stronger Mortgage Funding, Positions Nasarawa For Affordable Housing Growth
Business

Sule Seeks Stronger Mortgage Funding, Positions Nasarawa For Affordable Housing Growth

34 minutes ago
NPL Rises To 9.85% As Banks Exit Regulatory Forbearance
Business

BREAKING: MPC Keeps Rates Unchanged

2 hours ago
Meet Post‑award Conditions in 90 Days Or Forfeit Blocks, NUPRC  Licencees
Business

Meet Post‑award Conditions in 90 Days Or Forfeit Blocks, NUPRC Licencees

2 hours ago
Next Post
Daily FX Market Turnover Rises From $100m To $600m – Cardoso

Daily FX Market Turnover Rises From $100m To $600m – Cardoso

Advertisement

LATEST UPDATE

NNPP threatens N10bn suit As INEC restores Party logo

4 minutes ago

NBA Election Worst In History, Marred By Irregularities — SAN Olumuyiwa

9 minutes ago

Group Demands Probe Into Nurse’s Death At Umahi’s Residence, Urges Gbajabiamila To Step Aside

17 minutes ago

Police Arrest 1,198 Suspects, Rescue 166 Kidnap Victims In 1 Month

24 minutes ago

Troops Foils Abduction, Rescue Kidnap Victims In Zamfara, Katsina Operations

30 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.