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LAGOS – The Minister of Power, Joseph Tegbe, on Friday inaugurated the newly constituted Governing Board of the Rural Electrification Agency (REA) in Abuja.
He urged members to ensure every decision is guided by how it improves the lives and livelihoods of ordinary Nigerians.
The ceremony was attended by the Permanent Secretary, Board Chairman, Mr. Ayodele Fayose, REA’s Managing Director/Chief Executive Officer, Board members and Ministry management.
He described the Board’s constitution as consistent with President Bola Ahmed Tinubu’s drive to strengthen governance and accountability across public institutions, and described REA an institution for expanding opportunity.
He identified REA’s existing programmes, the Energizing Education, Economies and Agriculture Programmes and the Africa Mini-Grids Programme, as evidence of that strategy at work, and noted that the Board, constituted under Section 130 of the Electricity Act, takes office at a defining moment for the Agency.
He drew a clear line between the Board’s non-executive role of strategic direction and oversight and Management’s responsibility for day-to-day execution, noting that the Board meets quarterly to review performance while Management retains operational latitude between meetings, subject to full accountability.
He lauded Chairman Fayose’s record as a former Governor of Ekiti State and welcomed the other Board members, closing with an assurance of the Ministry’s continued partnership and a description of electricity as an instrument of inclusion, opportunity and prosperity.
Responding, Fayose described President Tinubu’s decision to appoint Tegbe as a statement of seriousness rather than a routine appointment, a signal that the administration would settle for nothing less than a lasting solution to Nigeria’s power problem.
