The Niger Delta Power Holding Company (NDPHC) has said that it did not approve the construction of a clubhouse in the sum of N480 million.
The claim that the sum of N480 million was approved for the construction of a clubhouse by the management of the Niger Delta Power Holding Company (NDPHC) has been dismissed.
The organisation described the claim as sensational and aimed at damaging the reputation of its management.
In a statement by its Media Adviser, Adesanya Adejokun in Abuja on Thursday, the company also dismissed claims of last-minute N6 billion contract awards.
The statement noted that the company is a law-abiding organization with high regard for strict compliance with due process.
The statement read in part: “For your information, NDPHC is a law-abiding organization with high regard for strict compliance with due process. Our Tenders Board only approves procurement of goods and services that have undergone all stipulated processes and statutory requirements of the Procurement Act of 2007″.
Continuing, the statement added: “It is worth noting that NDPHC is not an adhoc organisation, as stated in your publication. NDPHC is a limited liability company with perpetual succession. It is owned by the three tiers of government, with tenured management and a board. What could then lead to such haste in awarding the contracts as suggested in your report?
“At the Tender’s Board meeting held on February 23, 2023, on the agenda was a backlog of pending transactions requiring urgent and immediate attention particularly spare parts and maintenance of the power plants that generate and supply electricity to the national grid”.
