Northern Group Criticizes Yari's Appointment as Geregu Power Chairman Over Conflict of Interest Concerns

A Northern advocacy group has strongly criticized the appointment of former Governor Yari as the chairman of Geregu Power Plc (NGX: GEREGU), questioning his wealth accumulation and potential conflicts of interest. The group raised concerns about Yari's financial capacity, given his public service background, and urged him to be accountable for his assets.

The appointment has sparked a public debate, with the group emphasizing the need for leaders to address poverty and insecurity in the region. Sheikh Ahmad Abubakar Gumi's recent comments on excessive spending further fueled the criticism.

Yari's appointment was announced following a significant transaction involving Geregu Plc and MA Energy Ltd.