FULL LIST: President Tinubu Approves FGN Power Company Board Of Directors Reconstitution

President Bola Ahmed Tinubu has given a nod to the reconstitution and amended structure of the Governing Board of the FGN Power Company, which is tasked with implementing the accelerated performance agreement with Siemens Energy.

This is in furtherance of his landmark effort to achieve the full end-to-end modernization of the nation’s electric power transmission grid as part of the Presidential Power Initiative (PPI).

This was made known in a statement released to journalists by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale.

Ngelale disclosed that by the President’s directive, the Chairmanship of the FGN Power Company Board has been assigned to the Office of the Minister of Power.

The board includes:

(1) Honourable Minister of Power — Board Chairman, FGN Power Company

(2) Honourable Minister of Finance — Board Vice-Chairman, FGN Power Company

(3) Managing Director/CEO, FGN Power Company — Member

(4) Director-General, Bureau for Public Enterprises — Member

(5) Managing Director, Transmission Company of Nigeria (TCN) — Member

(6) Distribution Companies’ Representative — Member

(7) Generation Companies’ Representative — Member

( President, Nigerian Society of Engineers (NSE) — Member

He said: “The President has approved the removal of the Steering Committee from the governance framework of the FGN Power Company with full oversight powers granted to the Office of the Minister of Power.

“President Tinubu has approved the aforementioned changes with the full expectation that the leaner structure will provide greater organizational agility and efficiency in delivering the complete modernization of the nation’s electric power transmission grid in collaboration with Siemens Energy for the benefit of all Nigerians.”

Posted: at 8-03-2024 01:03 PM (1 month ago) | Addicted Hero

Yoruba Nation again. Minister of Power.....Adelabu.... Yoruba. Minister of Finance...Edu... Yoruba
Managing Director/CEO.. Nigeria power company....Kenny Oseni Anuwo.. Yoruba . So on and so forth

Posted: at 8-03-2024 04:34 PM (1 month ago) | Gistmaniac