President Bola Tinubu has approved the appointment of new members of the management team of the FGN Power Company Limited.

This is contained in a statement by Ajuri Ngelale, special adviser to the President on media and publicity, on Friday in Abuja.

Mr Ngelale said the appointment was in recognition of the role of power supply in driving enterprise and industrial development and part of a comprehensive effort to reform the power sector and ensure energy security for Nigerians.

The members of the new board are managing director/chief executive officer (CEO) – Kenny Anuwe (reappointed); and company secretary/legal advisor – Prof. Mamman Lawal (reappointed).

Others are chief technical officer (CTO) – Ebenezer Fapohunda, chief commercial officer (CCO) – Babatunde Oniru, and chief financial officer (CFO) – Julius Olabiyi.

The FGN Power Company Limited was established with the aim of securing financing, coordinating stakeholders, and contractual arrangements to implement the PPI.

Mr Ngelale said that with the appointment, the new team is expected to work for the realisation of the core objectives of the Presidential Power Initiative (PPI) in close collaboration with Siemens Energy.

He said that this would be through a holistic overhaul, modernisation, and expansion of the national grid and other critical measures to ensure the growth of the Nigeria Electricity Supply Industry (NESI).

(NAN)