The Geregu Power Plc has expressed its commitment to support President Bola Ahmed Tinubu’s power sector reforms designed to provide sustainable power supply for sustainable social and economic development of Nigeria.
This was contained in a press statement issued by Eng. MD Aliyu and made available to newsmen in Dutse capital Jigawa state .
He said, the the Chairman of Geregu Power Plc Senator Abdul Aziz Yari (Marafan Sokoto) i and the board of the company have acknowledged the Renewal Hope agenda initiatives that prioritize for reforming the country energy sector as a bible, realistic and patriotic approach that can tackle and address the challenges militating the country power sector for decades.
According to the statement it is necessary in the spirited of collective national interest for public, privates and all other stakeholders in the power sector to support the reform and contribute their own quoter for achieving sustainable power supply in the country.
” Sustainabl and affordable power supply is critical for social, economic health and educational development of any contemporary society, and therefore it is statutory duty of any serious government to came up with policies and initiatives that can boost and strengthen the secto, and what president Tinibu is doing deserved support and commenfationr”
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The chairman also assured bondholders, trustees, shareholders and other stakeholders that the company would honour its outstanding bond obligations.
He said the Board was engaging the former management and Board of Geregu Power Plc on outstanding legacy matters, assuring stakeholders that the issues would be resolved.
“We continue to engage the former Management and Board of Geregu Power Plc regarding outstanding legacy matters.
“I want to assure all stakeholders that this obligation will be resolved, and we are taking all necessary steps to protect the interests of our shareholders and bondholders,” Yari said.
Geregu Power Plc is a leading Nigerian power generation company committed to providing sustainable and efficient energy solutions to support national development and industrialisation.
By: Muhammad Zangina kura.
At’tajdid News
