The senate committee on power has summoned Chiedu Ugbo, the managing director of the Niger Delta Power Holding Company (NDPHC), over the alleged mismanagement of $500 million electricity assets, TheCable understands.
The NDPHC is jointly owned by the federal government, states and LGAs to manage the National Integrated Power Projects (NIPPs).
The senate committee on power asked the NDPHC boss to account for the circumstances surrounding some fire incidences in some power plants across the country.
The committee added it is going to investigate the nature of the inferno that consumed some parts of the power plants which led to the loss of substantial electricity generation.
