Nigeria: Erratic Electricity – Nigeria to Establish Grid Asset Management Company

“The president has seen that where the problem is mainly in our quest to solve the power problem is largely in the transmission section.”

President Bola Tinubu has initiated plans to establish a Grid Asset Management Company (GAMCO) to strengthen the transmission segment of the nation’s electricity value chain.

The Minister of Information and National Orientation, Mohammed Idris, disclosed this after the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu on Wednesday,…