President Bola Ahmed Tinubu has recommended the creation of a Grid Asset Management Company to tackle ongoing issues in Nigeria’s electricity transmission network.
This was disclosed by the Minister of Information and National Orientation, Mohammed Idris, following the Federal Executive Council meeting on Wednesday at the Presidential Villa in Abuja.
Idris stated that the president submitted the proposal to the council through a formal memorandum, emphasizing the urgent need to reinforce the transmission segment, which is widely seen as the weakest link in the nation’s power sector.
“The proposal was contained in a memorandum presented to the council by President Tinubu himself for deliberation,” Idris said.
“Since the deregulation of the power sector, the sector is divided into three categories: generation, transmission and distribution. The president has seen that where the problem largely lies in our quest to solve the power challenge is in the transmission segment.”
The proposal seeks to address longstanding challenges across Nigeria’s electricity value chain, with a particular focus on transmission, aiming to support industrialisation and ensure a more reliable power supply.
Idris said the initiative underscores the administration’s commitment to reforming the power sector, a critical step for driving Nigeria’s industrial growth.
He added that the GAMCO framework will examine regulatory, legal, and investment models while safeguarding the interests of current investors and operators.
To move the proposal forward, the council approved the creation of an inter-ministerial committee tasked with developing the operational framework for GAMCO.
The committee will comprise the Minister of Power, the Minister of State for Gas, the Ministers of Works, Finance, and Science and Technology, the Chairman of the Federal Inland Revenue Service, and the Attorney-General of the Federation.
It will review critical issues related to regulation, legal frameworks, investment models, and the role of existing sector players.
Any recommendations from the committee will be submitted to the National Assembly for legislative approval, if necessary.
The proposal comes amid persistent challenges in Nigeria’s power supply, including two national grid collapses in December 2025 that disrupted electricity across large parts of the country and impacted both economic and social activities.
The Grid Asset Management Company is designed to reinforce the weakest link in Nigeria’s electricity sector, aiming to ensure more reliable power distribution.
The initiative forms part of broader efforts to stabilise the electricity value chain, attract investment, and enhance service delivery.
Despite trillions of naira invested in Nigeria’s electricity sector, repeated national grid collapses in 2026 have renewed concerns that funding alone cannot resolve the country’s long-standing power challenges.
