President Muhammadu Buhari on Thursday approved the renewal of the appointment of Joseph Ugbo as the Managing Director of Niger Delta Power Holding Company, NDPHC for another four year tenure.
This was revealed in a tweet on the Presidency’s Twitter handle where the approval of the renewed appointments of the company’s two executive directors was also confirmed.
The newly appointed directors are Babayo Shehu (Finance and administration) and Ife Oyedele (Engineering and Technical Services).
This renewal is set to take effect from August 25, 2020, and expected to last for a period of four years, the Presidency said.
“President Muhammadu Buhari has approved the renewal of the appointment of Mr Joseph Chiedu Ugbo as the Managing Director of Niger Delta Power Holding Company and Messrs Babayo Shehu and Ifeoluwa Oyedele as Executive Directors respectively,” the tweet reads.
Ugbo who retains his position as Managing Director of the NDPHC is also a legal practitioner and infrastructure regulations specialist with extensive experience in electricity industry reform and privatisation.
He holds a Bachelor and Master of Law Degrees from the University of Lagos and was admitted to practice law in Nigeria in 1991.
Prior to his appointment in 2016, Ugbo had provided legal advisory services to public sector power entities including legal support to the former National Electric Power Authority (NEPA) and to the Bureau of Public Enterprises during the privatization of the twenty successor companies of Power Holding Company of Nigeria (PHCN).