President Bola Tinubu has approved 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.
By the President’s directive, the Chairmanship of the FGN Power Company Board has been assigned to the Office of the Minister of Power.
(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
(8) President, Nigerian Society of Engineers (NSE) — Member
Furthermore, 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.
In a related development, the President has also approved the reappointment of the Director-General of the Nigeria Agricultural Quarantine Service (NAQS), Dr. Vincent Isegbe, to serve in the same capacity for another five-year term in office. READ ALSO:
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The President expects that the Director-General will build on the service’s recent performance, after it ranked in the top three agencies of the Federal Government of Nigeria in the efficiency and transparency index by the Presidential Enabling Business Environment Council (PEBEC).
