Power Grid
Reform and Its Economic Promise
President
Bola Tinubu’s establishment of an 11-member committee to oversee the creation
of the Grid Asset Management Company Limited (GAMCO) is more than a
bureaucratic reshuffle, it is a calculated attempt to unlock Nigeria’s economic
potential through energy reform.
For decades, the country’s industrial growth has been stifled by unreliable electricity supply, forcing businesses to rely on costly alternatives such as diesel generators. By focusing on stranded power assets and transmission bottlenecks, GAMCO aims to convert wasted capacity into usable megawatts, a move that could reverberate across the economy.