President Bola Tinubu has recently approved the appointment of new members to the management team of the FGN Power Company Limited, as announced by Ajuri Ngelale, Special Adviser to the President on Media and Publicity. This decision reflects the crucial role of power supply in driving enterprise and industrial development, as part of a broader effort to reform the power sector and ensure energy security for Nigerians.
The newly appointed members include Kenny Anuwe, who has been reappointed as the Managing Director/Chief Executive Officer, and Prof. Mamman Lawal, also reappointed as the Company Secretary/Legal Advisor. Additionally, the team comprises Ebenezer Fapohunda as the Chief Technical Officer (CTO), Babatunde Oniru as the Chief Commercial Officer (CCO), and Julius Olabiyi as the Chief Financial Officer (CFO).
The FGN Power Company Limited was established with the goal of securing financing, coordinating stakeholders, and managing contractual arrangements to implement the Presidential Power Initiative (PPI). With this new team in place, the focus will be on realizing the core objectives of the PPI in collaboration with Siemens Energy. This involves a comprehensive overhaul, modernization, and expansion of the national grid, along with other critical measures to foster growth in the Nigeria Electricity Supply Industry (NESI).
By appointing this dynamic and experienced team, President Tinubu aims to drive forward the transformation of the power sector in Nigeria, ensuring a more reliable and sustainable energy supply for the nation’s development.