President Muhammadu Buhari has constituted the Special Purpose Vehicle (SPV) for Presidential Power Initiate Committee.
He inaugurated the team on Friday.
Buhari, who described the power sector as one of the most critical components of sustainable development, expressed commitment to improving electricity generation and distribution.
He said following the Federal Executive Council’s approval, the coast is now clear for the SPV team to execute the initiative.
The committee will ensure the implementation of PPI and serve as the key manager to ensure cohesion and seamless execution.
Members of the team are Attorney-General of the Federation and Minister of Justice, Abubakar Malami; Minister of Finance, Zainab Ahmed; Minister of Power, Saleh Mamman; and Minister of Works and Housing, Babatunde Fashola.
Others are Director-General, Bureau of Public Enterprise, Alex A. Okoh, and the President Nigerian Society of Engineers, Babagana Mohammed.
