A New Era of Industrial Growth Through Reliable Power
The Niger Delta Power Holding Company (NDPHC) has made significant strides in transforming Nigeria’s industrial landscape by providing stable and reliable electricity to key businesses. The Managing Director and Chief Executive Officer of the company, Engr Jennifer Adighije, highlighted this achievement, emphasizing that the direct power supply to Phoenix Steel Mills through the eligible customer programme has led to a marked improvement in the firm’s productivity and efficiency.
In a statement shared with our correspondent, Adighije described Phoenix Steel Mills as a success story under the NDPHC’s eligible customer framework. This initiative is aimed at strengthening Nigeria’s industrial growth by ensuring that major businesses receive efficient, reliable, and affordable electricity directly from the company’s power plants.
“The Eligible Customer framework is designed to strengthen Nigeria’s industrial growth by guaranteeing efficient, reliable, and affordable electricity directly from our plants to businesses,” Adighije said. “Phoenix Steel Mills is a clear demonstration of how stable power translates into higher productivity, cost savings, and stronger value chains for the economy.”
Phoenix Steel Mills: A Model of Success
Phoenix Steel Mills, which recently joined the NDPHC’s eligible customer programme, has experienced notable improvements in productivity, operational efficiency, and energy stability. The company reported that the intervention has drastically reduced its reliance on the “unstable national grid” and costly self-generation alternatives.
According to the firm, the stable electricity supply has minimized power-related disruptions, reduced operational costs, and enhanced production output. This has positioned Phoenix Steel Mills to expand its capacity and strengthen its competitiveness in both domestic and international markets.
“Phoenix Steel Mills joins a growing list of industrial players across Nigeria that are leveraging NDPHC’s eligible customer programme to access reliable power, sustain growth, and drive national economic development,” the statement added.
The Role of NDPHC in Nigeria’s Power Sector
As a key player in Nigeria’s power sector, the NDPHC manages the National Integrated Power Project. It operates generation, transmission, and distribution assets across the country to improve electricity access and reliability.
The company is currently planning to sell its 2,000 megawatts of stranded power through direct sales to eligible customers. This move is expected to further support industrial growth and contribute to the nation’s economic development.
Benefits of the Eligible Customer Programme
The eligible customer programme offers several advantages to participating businesses, including:
- Reliable Power Supply: Direct access to electricity from NDPHC’s plants ensures consistent and uninterrupted power.
- Cost Savings: Reduced reliance on expensive self-generation methods lowers operational costs.
- Enhanced Productivity: Stable electricity allows businesses to operate more efficiently and increase output.
- Competitiveness: With improved infrastructure and reliability, businesses can better compete in both local and global markets.
Future Prospects
With the success of Phoenix Steel Mills and other industrial players, the NDPHC’s eligible customer programme is setting a precedent for sustainable industrial growth in Nigeria. As more businesses join the initiative, the country is likely to see increased economic activity, job creation, and overall development.
