President Bola Tinubu has initiated plans to establish a Grid Asset Management Company (GAMCO) to strengthen the transmission segment of the nation’s electricity value chain. The Minister of Information and National Orientation, Mohammed Idris, disclosed this after the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu on Wednesday, at the State House, Abuja. He said the proposal was contained in a memorandum presented to council by the president. “The proposal was contained in a memorandum presented to the council by President Tinubu himself for deliberation.” He noted that the initiative would address persistent electricity challenges, particularly in the transmission segment. “You recall that since the deregulation of the power sector, the sector is divi...