Alaoji Fire: NDPHC Secures $15m Insurance, Recovers $10m Legacy Debts

The Niger Delta Power Holding Company (NDPHC) has announced the recovery of over $10m in legacy debts from bilateral customers.

To this end, the company also disclosed that it had secured $15m in insurance claims arising from the Alaoji power plant fire incident.

The company, in a statement in Abuja by its Head, Corporate Communications and External Relations, Emmanuel Ojor, on Monday, said it had deepened engagements with the Nigerian Electricity Regulatory Commission (NERC) to recover NDPHC’s past investment in Transmission Company of Nigeria (TCN) networks.

It added that it had also resolved the longstanding commercial disputes with gas supplier ACCUGAS, leading to an amended gas supply agreement that significantly reduces government exposure.

NDPHC also announced the successful restoration of 450MW generation capacity to the national grid following Siemens-executed maintenance work at the Geregu NIPP plant.

The statement quoted NDPHC’s Managing Director/CEO, Engr Jennifer Adighije, as saying that the company has, in the past 12 months, restored six previously idle gas turbines at Calabar, Omotosho II, Benin, Sapele and Alaoji power stations, delivering a cumulative 875MW in mechanical available power capacity.

She said that work has now commenced on recovering the 225MW Gbarain NIPP plant in Bayelsa, idle since 2020, and described the move as essential to unlocking critical industrial supply to major Niger Delta economic clusters.

Adighije said the company has also recorded progress on operational projects, including completion of Afam–Ikot Ekpene 330kV line, Light-Up Nigeria industrial electrification initiatives, recovery of over 100 stranded turbine equipment containers from Onne Port and embedded solar deployment in Kano industrial zones.

She stated that the current reforms, procurement benchmarking, staff performance automation through Computer-Based Testing and enhanced welfare support, are designed to strengthen accountability and operational sustainability.

According to her, NDPHC remains committed to restoring dormant generation, stabilising national power supply and deepening commercial efficiency across the value chain in support of Nigeria’s long-term electricity reliability goals.