President Bola Ahmed Tinubu on Friday, March 6, 2026, constituted an 11-member committee to facilitate the incorporation of the Grid Asset Management Company Limited (GAMCO), an initiative aimed at strengthening the management of Nigeria’s electricity transmission infrastructure.
The decision followed the approval granted by the Federal Executive Council during its meeting on Wednesday, March 4, 2026, for the creation of the company.
The committee is expected to coordinate the legal and administrative processes required to formally establish GAMCO and ensure a seamless commencement of its operations.
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The proposed company is part of the Federal Government’s efforts to tackle long-standing challenges in the country’s electricity sector, including stranded generation capacity, weak grid management and limitations within the transmission network.
Energy experts have repeatedly noted that inadequate transmission infrastructure has prevented the efficient evacuation and distribution of electricity generated by power plants across Nigeria.
Officials say the creation of GAMCO is intended to provide a structural framework that will enhance oversight of grid assets, improve the efficiency of the transmission system and support broader reforms aimed at strengthening power supply nationwide