NDPHC credits NPA for saving billions in stranded cargo

BusinessDay | 23-08-2026 02:11pm |

The Niger Delta Power Holding Company Limited (NDPHC) has acknowledged that an intervention by the Nigerian Ports Authority (NPA) saved it billions of naira in stranded cargo costs. The NPA's action helped prevent significant financial losses for the power company. This development highlights the importance of regulatory oversight in the maritime sector. NDPHC expressed gratitude for the NPA's timely intervention.

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