KEY POINTS
- NDPHC completes phase two insurance risk survey at Omotosho and Sapele plants
- Assessment covers equipment condition, safety procedures and environmental risks
- Zurich Insurance veteran Mike Corbett honoured after 13 years of service
The Niger Delta Power Holding Company has completed the second phase of its 2026 Insurance Risk Engineering Survey at the Omotosho and Sapele power plants, part of a broader effort to protect critical generation assets and strengthen operational standards.
The company said the exercise, which concluded Friday, forms part of its collaboration with global insurance partners to ensure its facilities align with international safety and risk management benchmarks.
Comprehensive risk assessment completed
The assessment covered equipment condition, operational safety procedures, maintenance systems and environmental risk exposure. According to the company, the review is designed to enhance plant reliability while limiting operational and financial vulnerabilities.
During a feedback session following the survey, Executive Director Finance and Accounts Omololu Agoro, who represented management, commended the survey team and plant staff for their cooperation and professionalism.
He said periodic risk engineering evaluations remain central to protecting the company investments and sustaining power generation performance.
Agoro highlights operational safeguards
Agoro noted that findings from the survey would feed into NDPHC continuous improvement framework, helping to boost plant availability, refine maintenance planning and strengthen the company insurance positioning.
The Insurance Risk Engineering Survey at Omotosho and Sapele forms part of a nationwide programme covering generation assets under the National Integrated Power Project. NDPHC operates several gas fired power plants across Nigeria, playing a key role in supporting grid stability and national electricity supply.
Management said engaging with international technical and insurance partners remains critical to maintaining high standards across its portfolio. The company added that structured risk assessments contribute to improved compliance with global insurance requirements and help build confidence among investors and stakeholders.
Zurich Insurance veteran honoured at ceremony
The session also included a valedictory ceremony in honour of Mike Corbett of Zurich Insurance Group UK, who is retiring after 13 years of supporting NDPHC insurance risk management initiatives.
Colleagues described Corbett as instrumental in guiding multiple risk evaluations across the company power plants. His work, they said, helped deepen internal risk engineering practices and strengthen alignment with international standards.
Participants at the ceremony paid tribute to his technical insight and long standing collaboration with the company. They credited his contributions with improving risk awareness and embedding stronger engineering controls across facilities.
The completion of the second phase survey signals continued attention to asset protection within Nigeria power generation landscape, where infrastructure reliability remains a central concern. Strengthening insurance risk management frameworks, company officials said, is essential to sustaining plant performance and protecting long term value within the sector.
