Again, President Tinubu Constitutes Committee to Establish GAMCO for Power Grid Reform….details 

President Bola Ahmed Tinubu has taken a significant step toward reforming Nigeria’s electricity sector by constituting an 11-member committee to facilitate the incorporation of the Grid Asset Management Company Limited (GAMCO).

The initiative, approved by the Federal Executive Council, forms part of the administration’s broader programme to address long-standing inefficiencies in power transmission and grid management that have led to stranded electricity and recurring grid instability across the country.

The committee was inaugurated on behalf of the President by the Chief of Staff, Femi Gbajabiamila, who described the move as a strategic intervention aimed at modernising Nigeria’s power infrastructure.

According to him, GAMCO represents one of the most transformative initiatives of the current administration in the power sector, designed to optimise the management of transmission assets and strengthen the reliability of the national grid.

At the centre of the programme is the administration’s effort to resolve structural bottlenecks within the electricity value chain.

By establishing GAMCO, the government aims to introduce a more professional and efficient framework for managing grid assets, ensuring that generated electricity can be transmitted effectively across the country without the persistent technical losses and operational challenges that have hindered the sector for decades.

As part of its mandate, the committee will conduct a comprehensive review of existing laws, policies and institutional arrangements governing electricity generation, transmission, distribution and market operations.

Particular attention will be given to the implications of the Electricity Reform Laws (2025) and ongoing sector unbundling to identify overlaps, conflicts or inconsistencies that could affect the successful implementation of the GAMCO framework.

The creation of GAMCO underscores President Tinubu’s commitment to building a more reliable and efficient power sector capable of supporting Nigeria’s economic growth.

By strengthening the transmission backbone of the electricity industry and aligning regulatory structures with modern market realities, the administration aims to unlock stranded generation capacity, improve power supply to homes and businesses, and lay the foundation for long-term energy security.

Source: X | PBATSignal27

….stay tuned for more!