President Bola Tinubu has approved the appointment of new members of the management team of the FGN Power Company Limited.
This is contained in a statement issued on Friday, in Abuja, by Presidential Media Adviser, Ajuri Ngelale.
He said the appointment was in recognition of the role of power supply in driving enterprise and industrial development and part of a comprehensive effort to reform the power sector and ensure energy security for Nigerians.
According to him, members of the new board are: Managing Director/Chief Executive Officer (CEO) – Kenny Anuwe (reappointed); and Company Secretary/Legal Advisor – Prof. Mamman Lawal (reappointed).
Others are Chief Technical Officer (CTO)- Ebenezer Fapohunda; Chief Commercial Officer (CCO)- Babatunde Oniru and Chief Financial Officer (CFO)- Julius Olabiyi.
The FGN Power Company Limited is established with the aim of securing financing, coordinating stakeholders and Contractual arrangements to implement the PPI. READ ALSO:
- Intimate Affairs: Sperm donors are not necessarily fathers
- Wizkid’s Father Reacts To Ongoing Online Rivalry Between Son, Davido
- GTCO speaks on business activities, pleads with customers
- Women Will Never Be Satisfied, If You Provide And Over-provide, They Will Still Complain — Reminisce
- LG Poll: Explosion Rocks Tony Okocha-Led Rivers APC Secretariat
Ngelale said that with the appointment, the new team is expected to work for the realisation of the core objectives of the Presidential Power Initiative (PPI) in close collaboration with Siemens Energy.
He said that this would be through a holistic overhaul, modernisation, and expansion of the national grid and other critical measures to ensure the growth of the Nigeria Electricity Supply Industry (NESI).