Friday, March 13, 2026

NDPHC Completes Phase Two of 2026 Insurance Risk Survey

The Niger Delta Power Holding Company (NDPHC) has taken fresh steps to strengthen the protection of its Omotosho and Sapele power plants following the completion of the second phase of its 2026 Insurance Risk Engineering Survey.

In a statement, the company described the exercise, which concluded on Friday, as another milestone in its drive to maintain high operational standards, protect critical assets, and minimise risks across its power generation facilities.

NDPHC explained that the survey is part of its ongoing collaboration with international insurance partners, aimed at ensuring that its key infrastructure aligns with global safety and risk management benchmarks.

The detailed assessment reviewed the condition of equipment, safety practices, maintenance systems, and environmental risk factors. The goal, the company said, is to improve plant reliability while limiting both operational disruptions and financial exposure.

Speaking at a feedback session after the exercise, Executive Director, Finance and Accounts, Mr. Omololu Agoro, who represented management, praised the survey team and plant staff for their professionalism and cooperation throughout the process.

He stressed that regular risk engineering assessments are crucial for protecting the company’s investments and sustaining power generation in line with international best practices. Agoro added that the findings from the survey would feed into NDPHC’s continuous improvement plans, helping to boost plant availability, refine maintenance approaches, and strengthen the company’s insurance standing.

The company noted that the Omotosho and Sapele assessments are part of a wider nationwide programme covering its generation assets under the National Integrated Power Project.

NDPHC reaffirmed that working closely with global technical and insurance partners remains central to its mission of delivering reliable electricity, safeguarding investments, and creating long-term value for stakeholders in Nigeria’s power sector.

The session also included a farewell ceremony for Mr. Mike Corbett of Zurich Insurance Group (UK), who is retiring after 13 years of supporting NDPHC’s insurance risk management efforts. Management and staff commended him for his expertise, professionalism, and lasting contributions to strengthening the company’s risk engineering framework.

Participants acknowledged his role in overseeing several risk evaluations across NDPHC plants, efforts that helped improve compliance with international insurance standards and build greater confidence among insurers and stakeholders.

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