Tinubu’s Bold Step Toward Power Grid Reform
President
Bola Tinubu has taken a decisive step in tackling Nigeria’s long-standing
electricity challenges by inaugurating an 11-member committee tasked with
establishing the Grid Asset Management Company Limited (GAMCO).
This
initiative, approved by the Federal Executive Council, is designed to address
the chronic issues of stranded power, transmission bottlenecks, and
inefficiencies that have plagued the nation’s energy sector for decades.
The committee, chaired by the Chief of Staff to the President, Femi Gbajabiamila, brings together key figures including the Attorney-General of the Federation, Ministers of Power, Finance, Works, Petroleum, and other strategic portfolios, alongside energy expert Professor Yemi Oke.