The Federal Government has announced
the dissolution of the Executive Management of Niger Delta Power Holding
Company of Nigeria Limited.
Notice of the dissolution is
contained in a statement issued by Mr Babachir Lawal, the Secretary to the
Government of the Federation (SGF) in Abuja on Friday.
He then 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.
According to the SGF, all Executive
Directors of the company and the General Manager, Audit, are to handover
immediately to the most senior officers in their respective departments.
He stated that the Federal Government
appreciated the services of the disengaged officers during their tenure.
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