Olawale Ajimotokan in Abuja
Joseph Chiedu Ugbo was wednesday appointed the substantive Managing Director/Chief Executive
Officer of the Niger Delta Power Holding Company (NDPHC).
His appointment by President Muhammadu Buhari was contained in a statement signed by Bolaji Adebiyi of the Office of the Secretary to the Government of the Federation.
Ugbo, who had been acting in the same capacity, is a legal practitioner and infrastructure regulations specialist with a robust experience in electricity industry reform and privatization. He holds Bachelor and Master’s of Law degrees from the University of Lagos and was called to the Nigerian Bar in 1991. For over 15 years, he provided legal advisory services to public sector power entities including legal support to the erstwhile National Electric Power Authority (NEPA) and to the Bureau of Public Enterprises (BPE) during the privatisation of the 20 successor companies of Power Holding Company of Nigeria (PHCN).
Buhari also approved the appointment of two Executive Directors for the company.
They are Babayo Shehu, the Executive Director (Finance and Administration) and Ife Oyedele, the Executive Director (Engineering and Technical Services).
Shehu has a First Class honours Bachelor of Science degree in Accounting from the Ahmadu Bello University, Zaria. He is a Fellow of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria.
He began his working career with Bauchi State Development Board in 1981. He was in banking from 1987 to 2003 and thereafter joined the federal public service in 2003 and was in the service from 2003 to 2014.
Oyedele graduated with a Bachelor of Science degree, Electrical Engineering from the University of Lagos in 1982. He is a member, Nigerian Society of Engineers and Institute of Directors. Between 1982 and 1992, Oyedele worked in both the public and private sectors. He established his own company, Messrs Matcom Limited in 1992. He was the Managing Director of the company until his new appointment.