Nigeria TV Info 

Tinubu Inaugurates 11-Man Committee to Drive Grid Asset Management Company Incorporation

President Bola Ahmed Tinubu has inaugurated an 11-member committee to oversee the incorporation of the Grid Asset Management Company Limited (GAMCO), a new initiative aimed at strengthening Nigeria’s electricity transmission system and addressing persistent power sector challenges.

The committee was constituted following the approval of GAMCO by the Federal Executive Council (FEC), as part of broader reforms designed to improve electricity generation, transmission, and grid stability across the country.

The panel is chaired by the President’s Chief of Staff, Femi Gbajabiamila, and includes key government officials such as the Attorney-General of the Federation and the Ministers of Power, Works, and Finance. Other members include ministers responsible for communications, science and technology, aviation, and the minister of state for petroleum, as well as energy expert Professor Yemi Oke.

According to the presidency, the committee is tasked with ensuring the seamless establishment and operational framework of GAMCO. Its responsibilities include reviewing existing electricity laws and regulations, assessing the legal and contractual status of current grid assets, and recommending strategies for efficient management of Nigeria’s electricity transmission infrastructure.

Speaking during the inauguration at the State House in Abuja, Gbajabiamila described the creation of the Grid Asset Management Company as a major reform initiative intended to optimise the power sector, particularly the national grid and transmission system.

The Federal Government believes GAMCO will help unlock stranded power generation capacity, address transmission bottlenecks, and enhance grid management efficiency—factors that have long contributed to frequent power outages and grid collapses in Nigeria.

The establishment of the company forms part of the administration’s broader effort to revitalise Nigeria’s electricity sector and improve the reliability of power supply nationwide.