A report reaching our office yesterday, says the Federal Government has announced the dissolution of the Executive Management of Niger Delta Power Holding Company of Nigeria Limited.
Notice of the dissolution was contained in a statement issued by Mr Babachir Lawal, the Secretary to the Government of the Federation (SGF) in Abuja on Friday.
He 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.
At least, this may help bolster the power issue curtailing the south and the Niger Delta area respectively.