The Board of Eko Electricity Distribution Plc has appointed Rekhiat Momoh as Acting Chief Executive Officer of the company following the exit of Tinuade Sanda.
A statement by the board simply ascribed Sanda’s exit to her “redeployment back to WPG Ltd, the core investor who seconded her to Eko Disco.”
The acting CEO, Momoh “has been in the power sector for more than 31 meritorious years. She has risen through the ranks in the power sector from the days of NEPA, PHCN and now Eko Disco, receiving several excellence awards, commendations and medals along the way.”
“A marketer by training, she has an MBA from Lagos State University. She’s a fellow of several organisations including Nigeria Institute of Management, National Institute of Marketing of Nigeria and several others. She has attended several leadership and management courses and training programmes both locally and internationally.”
Why Sanda Was Removed
In a letter signed by the company’s Chairman, Dere Otubu, the company explained that the decision was due to a directive from the industry regulator, NERC.
- “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 WPG Ltd.
- 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.”
