Federal Government dissolution the Executive Management Niger Delta Power Holding Company of Nigeria Limited

Niger Delta Power Holding Company
Niger Delta Power Holding Company
Federal Government led by President Muhammad Buhari dissolution the Executive Management of Niger Delta Power Holding Company of Nigeria Limited  led by James Abiodun Olotu.
In a report from Dailypost ,Mr Babachir Lawal, the Secretary to the Government of the Federation (SGF) sent the Notice of the dissolution n Abuja on Friday 10th June, 2016
Accordly to press statement, Mr Babachir Lawal directed the Managing Director of the company, Mr James Olotu, to handover immediately to Mr Chiedu Ugbo, who had been appointed as acting Managing Director of the company. All Executive Directors of the company and the General Manager, Audit, are to handover immediately to the most senior officers in their respective departments.

Here is the press statement by Mr Babachir Lawal, the Secretary to the Government of the Federation (SGF).

 The Federal Government of Nigeria has dissolved the Executive Management of the Niger Delta Holding Company of Nigeria Limited. Consequently, the Managing Director of the company has been directed to hand-over immediately to Mr. Chiedu Ugbo, who has been appointed as the Acting Managing Director of the company. All Executive Directors of the Company and the General Manager Audit are directed to hand-over immediately to the most senior officer in their respective Departments. 2. The Federal Government appreciates the services of the disengaged officers during their tenure of office.

(Signed) Engr. BD Lawal, Secretary to the Government of the Federation.

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