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Emmanuel Addeh in Abuja
Former Geregu Power Plc Chairman, Femi Otedola, has met with the company’s new Chairman, Senator Abdulaziz Yari, in Monaco, as questions continue to be asked over the role of the Securities and Exchange Commission (SEC) which has remained silent throughout the company’s bond default crisis.The development came just days after Yari personally provided about N6 billion to settle the power generation company’s outstanding bond obligation.
Otedola disclosed the meeting yesterday in a post on his Instagram page, posting glowing pictures of both current and former chairs of the power company.“Such a lovely afternoon today, 23 August 2026, with His Excellency Senator AbdulAzeez Yari at Hotel de Paris in Monaco, Southern France Congratulations on your appointment as DG of the Presidential Campaign Council,” he wrote.
