President
Muhammadu Buhari has appointed Joseph Chiedu Ugbo as the managing
director/chief executive officer of the Niger Delta Power Holding Company
Limited.
A
statement by the Office of the Secretary to the Government of the Federation,
Babachir Lawal, the president also appointed two other Executive Directors.
They are Babayo Shehu (Finance andAdministration) and Ife Oyedele (Engineering
and Technical Services).
Mr. Ugbo
had held the position in an interim capacity.
He is a
legal practitioner and infrastructure regulations specialist with extensive
experience in electricity industry reform and privatization.
He holds a
Bachelor and Master of Law Degrees from the University of Lagos and was
admitted to practice Law in Nigeria in 1991.
For over
15 years, Mr. Ugbo provided legal advisory services to public sector power
entities including legal support to erstwhile National Electric Power Authority
(NEPA) and to the Bureau of Public Enterprises during the privatization of the
twenty successor companies of Power Holding Company of Nigeria (PHCN).
Mr. Shehu
holds a First Class Honours Bachelor of Science Degree in Accounting from
Ahmadu Bello University, Zaria. He is also 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 had a
career in banking from 1987 to 2003 and thereafter joined the federal public
service in 2003 and was in the service from 2003 to 2014.
Mr.
Oyedele graduated with a Bachelor of Science Degree, Electrical Engineering
from the University of Lagos in 1982. He is a member of the Nigerian Society of
Engineers and Institute of Directors.
Between
1982 and 1992, he 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.
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