Experts have voiced strong concerns that simply creating new agencies in Nigeria's power sector, such as the recently announced Grid Asset Management Company (GAMCO), will not adequately address the long-standing challenges plaguing electricity supply in the country. They argue that if existing agencies are not fortified and allowed to properly execute their mandates, additional bureaucracies may merely complicate the system rather than providing the relief that is desperately needed. In light of GAMCO's formation, these experts emphasize that a more effective strategy would involve reinforcing the capabilities of current institutions to enable them to better manage Nigeria's power issues.

The establishment of GAMCO is part of the government’s response to the persistent crises of power shortages and inefficiencies in grid management. The Special Adviser to the President on Information, Bayo Onanuga, disclosed that the new entity aims to tackle the significant challenges of stranded power and ineffective transmission. Additionally, the formation of an 11-member committee is set to evaluate the ownership and operational responsibilities concerning existing power assets like the Niger Delta Power Holding Company (NDPHC) and National Integrated Power Project (NIPP). This committee’s work is crucial for ensuring that any new agency has a clear legal framework and responsibilities to operate effectively.

The overarching implications of these developments highlight a critical crossroads for Nigeria's energy sector. While the government's intentions to innovate and improve power supply are commendable, experts warn that without a foundational transformation of existing structures, such efforts may fall short. This approach could lead to duplicated efforts, inefficiencies, and continued power shortages, thus perpetuating the cycle of energy crises in Nigeria. Addressing these structural deficiencies requires a concerted effort focused on optimizing current resources rather than merely introducing new layers of governance.