NOSA EGHAGHA
ABUJA, Nigeria – President Bola Tinubu yesterday approved the reconstitution of the Board of the Nigeria Electricity Liability Management Company (NELMCO).
The President also amended the NELMCO Board structure, to empower the Office of the Minister of Power to take over the Board Chairmanship from the Office of the Minister of Finance, in view of NELMCO’s central role in the operation of the Nigeria Electricity Supply Industry (NESI).
This was contained in a statement signed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale.
The reconstituted board is made up of; Minister of Power — NELMCO Board Chairman; Minister of Finance — NELMCO Board Vice-Chairman; Director-General, Debt Management Office — Member;Director-General, Bureau of Public Enterprises — Member
Mrs. Mojoyinoluwa Dekalu-Thomas — NELMCO Managing Director/CEO (five-year term); Joseph Asuku Bello — NELMCO Executive Director, Asset Management (five-year term); Mr. Hassan Yahya — NELMCO Executive Director, Corporate Services (five-year term); Mr. Abdullahi Mahmud Gaya — Non-Executive Director (three-year term); Prof. (Mrs) Ayanfemi Ayandele — Non-Executive Director (three-year term).
In consonance with his Renewed Hope Agenda, President Tinubu anticipates that NELMCO Board’s new structure and composition will yield expeditious and measurable progress in the management of the power sector’s post-privatization liabilities to create conditions for the sustainable attainment of world-class standards of operational efficiency across all sub-components of the Nigeria Electricity Supply Industry (NESI).
In another development, President Tinubu has also approved the reappointment of the Director-General of the Nigeria Agricultural Quarantine Service (NAQS), Dr. Vincent Isegbe, to serve in the same capacity for another five-year term in office.
The President expects the Director-General will build on the service’s recent performance, after it ranked in the top three agencies of the Federal Government of Nigeria in the efficiency and transparency index by the Presidential Enabling Business Environment Council (PEBEC).
