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Siemens Deal: President Tinubu restructures Board of FGN Power Company

Last updated: March 7, 2024 9:14 pm
2 years ago By Mwuese Igonor
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1 Min Read
Nigerian President, Bola Tinubu
Nigerian President, Bola Tinubu

To achieve the full end-to-end modernisation of the country’s electric power transmission grid, 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.

Chairmanship of the FGN Power Company Board has been assigned to the Office of the Minister of Power with the following the following as members.

(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

Meanwhile, President Tinubu has 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.

(Editor: Terverr Tyav)

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