Nigerian Govt inaugurates committee on Grid Asset Management Company

President Bola Tinubu connected Friday constituted an 11-member committee connected the constitution of the Grid Asset Management Company Limited, GAMCO, aimed astatine addressing the nationalist grid challenge.

A connection by statesmanlike spokesman, Bayo Onanuga, said the constitution of the committee followed the Federal Executive Council’s support for the constitution of the institution astatine its Wednesday meeting.

DAILY POST reports that successful proposing GAMCO, President Tinubu hopes to fast-track a quick-fix solution to the endemic problems of stranded power, grid management, and transmission successful the country’s energy sector.

The Chief of Staff to the President, Femi Gbajabiamila, who performed the inauguration connected behalf of the President, said the committee was captious to the realization of Tinubu’s aspirations successful Nigeria’s powerfulness sector.

“The projected constitution of GAMCO is 1 of the revolutionary steps taken by Mr. President and this medication successful the all-important powerfulness sector.

*We are present for the inauguration of the Committee connected Grid Asset Management Company (GAMCO), which is fundamentally to optimize and revolutionize powerfulness generation, and successful particular, the grid and transmission sector,” the Chief of Staff said.

The connection noted that the committee volition besides measure the ineligible status, ownership stru...