Eko DisCo removes MD/CEO over NERC order

Dr. Tinuade Sanda, the Managing Director/CEO, has been dethroned by the Board of Eko Electricity Distribution Company (EKEDC) in compliance with the directive of the Nigerian Electricity Regulatory Commission, (NERC).

Dere Otubu, the Chairman of Eko DisCo, disclosed this in a letter, saying, “We have received a directive from NERC stating that all staff working for the utility must be employed directly by the utility, bound by applicable service conditions that are applicable to the employees of the utility, and paid through the utility’s payroll.

The Disco is obligated to comply with these directives due to the powers of NERC as stipulated in the Electricity Act 2023. In compliance with the aforementioned directive, all seconded staff from WPG Ltd are being released by Eko Electricity Distribution Plc and returned to West Gas and Power Limited, WPG.

Accordingly, you are hereby relieved of your role, office, and position at Eko Electricity Distribution Plc effectively immediately, and returned to your employer, WPG Ltd.”

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

Govt mulls commercialisation of FMBN

The Federal Mortgage Bank of Nigeria has restated its commitment to ensuring speedy reforms to boost efficiency and access to affordable and quality housing...

MTN, Airtel others to block SIMs without NIN Feb 2024

The Nigerian Communications Commission, NCC has urged MTN Nigeria, Airtel and other telecommunications companies to block phone numbers without National Identity Numbers, NIN. Also, those...

SEC, NGX empower retail investors with financial education

Nigerian Exchange Group Plc (NGX Group), in collaboration with the Securities and Exchange Commission (SEC) and other market operators, organized a series of engaging...

Pension: PIAFRICA 2023 to focus on investments, risk management

The 6th Pension Funds & Alternative Investments Africa 2023 (PIAFRICA2023) conference will cover a variety of pension-related issues, including alternative investments, risk management, legislative...

Govt urged to maximise FTZs for economic growth

Biodun Dabiri, the Chairman of the Lekki Free Trade Zone, has advocated for the maximisation of the Lagos Free Trade Zone to drive economic...

Kaftan TV appoints former Ogun State commissioner CEO

The Board of Directors of KAFTAN Television has appointed former Commissioner for Information and Strategy in Ogun State, Abdulwaheed Odusile, as its new Chief...

REDAN-FCT appoints vice-chairman

Dr Gbadewole Kayode, was appointed as the new vice Chairman of the Real Estate Developers Association of Nigeria in Abuja. From the report, Kayode, who...

Yabatech gets N3.5bn entrepreneurship centre

In an act to foster development in the educational sector, Tunde Fanimokun, the Retired Permanent Secretary of the Lagos State Civil Service, has donated...

NACCIMA appoints vice chairman for digital economy

Dele Odufuye, has been appointed as the Vice Chairman of its Digital Economy, Gaming, and Sports Betting Trade Group, by the Nigerian Association of...

Currency in circulation rises to N3.87tn – CBN

Following the value of Nigeria's currency in circulation, which has increased to N3.87tn at the end of first quarter in 2024. This is according to...