The former Managing Director, Niger Delta Power Holding Company (NDPHC), Mr. James Olotu has disclosed that in partnership with the best brains in the power sector, he is floating a company counting on the team’s longstanding intelligent base, human relationship, energy, power and trust.
He told a select journalists in Abuja that he is the chairman of the firm, which is known as Innovest Solution Limited, that will be providing solutions to Nigeria’s issues.
Asked to state the capital base of the company, Olotu said that “You don’t really need much money except to have the intelligent base and the human relationship, energy and power and the trust which you have invested in for so many years.”
He revealed that the firm is already discussing with a state governor that wants to build a 500mw plant, deep sea port, a fertiliser plant, etc.
According to him, since the firm and the state government do not have the money, it has manpower in different fields and could approach international investors to inject their funds into the project base on confidence.