Ending the Blackouts: Tinubu Activates ‘Revolutionary’ GAMCO Committee to Overhaul National Grid
ABUJA— In a decisive move to end the nation’s perennial electricity crises, President Bola Ahmed Tinubu has officially constituted an 11-member committee to oversee the seamless incorporation of the Grid Asset Management Company Limited (GAMCO).
The high-level inauguration took place on Friday, coming just 48 hours after the Federal Executive Council (FEC) formally approved the company’s establishment during its Wednesday meeting. Through GAMCO, the Tinubu administration aims to deploy a rapid, structural solution to the endemic challenges of stranded power, fragile grid management, and inefficient transmission that have crippled Nigeria’s electricity sector for decades.
Actively identifying and resolving any areas of conflict, overlap, or inconsistency between the newly proposed GAMCO framework and existing legal instruments. By streamlining these regulatory frameworks, the Federal Government expects GAMCO to finally eliminate the bottlenecks that leave thousands of megawatts of generated electricity “stranded” and unable to reach Nigerian homes and businesses.
A “Revolutionary” Step for the Power Sector
The Chief of Staff to the President, Femi Gbajabiamila, who inaugurated the committee on behalf of President Tinubu, emphasized the administration’s high expectations for the newly formed team. He described GAMCO as a game-changer designed to overhaul how power moves from generation plants to distribution companies.
“The proposed establishment of GAMCO is one of the revolutionary steps taken by Mr. President and this administration in the all-important power sector,” Gbajabiamila declared during the Friday ceremony. “We are here for the inauguration of the Committee on Grid Asset Management Company (GAMCO), which is basically to optimise and revolutionise power generation, and in particular, the grid and transmission sector.”
He urged the 11 appointed members to strictly align their operations with the President’s vision and remain focused on their core mandate.
The Mandate: What Will the GAMCO Committee Do?
To ensure GAMCO launches without legal or operational bottlenecks, the Presidency has tasked the committee with an extensive regulatory and structural review.
The committee’s immediate responsibilities include: Comprehensive Legal Review: Conducting a deep-dive analysis of all existing laws, regulations, policies, and institutional frameworks that currently govern Nigeria’s electricity value chain—spanning generation, transmission, distribution, and market operations.
Evaluating the 2025 Reforms: Examining the direct implications of the recent Electricity Reform Laws (2025) and related unbundling arrangements to determine how they affect asset ownership, management, and regulatory oversight. Resolving Legal Conflicts: Actively identifying and resolving any areas of conflict, overlap, or inconsistency between the newly proposed GAMCO framework and existing legal instruments.
By streamlining these regulatory frameworks, the Federal Government expects GAMCO to finally eliminate the bottlenecks that leave thousands of megawatts of generated electricity “stranded” and unable to reach Nigerian homes and businesses.