No wahala, Naija! Femi Otedola don waka comot as chairman for Geregu Power Plc after 95 percent stake sell-off recently. MA’AM Energy, dem new owners, don chop control of Amperion Power, wey be the main power through-out Geregu, like say na their own banga.

December 29, 2025, go be date wey market fit remember wella! E no be say dem just change chair for board, no. Otedola, wey be big man wey sabi how to make money, don flash us rear as e hand over the baton.

As dem fresh board dey settle in, we go see Abdul-Aziz Yari, former governor from Zamfara, take charge as chairman. Na this change fit carry plenty expectation o! He go fit bring new vibe as sectors dey face wahala with gas supply and liquidity issues. But no fear, the new guys wey dey join the board, like Abdulkadeer Njiddah and Usman Mohammed, fit bring fresh ideas for business!

The company don talk say no direct shares don change hand for Nigerian Exchange, so shareholders fit take breathe normally for now. Wetin change na the behind-the-scene control wey dey shake table small. Geregu no dey flop; them still dey record good profits—N25.1 billion as profit after tax, so dem get hope ahead.

Since Otedola no dey there again, we fit wonder how investors go reason the company now. Hope dey say the new board go keep am steady on top operation and improve power supply for Naija, wey dem need pass anything. But for now, all eyes dey on the new crew to see if dem go deliver.