News Bite

Eko DisCo sacks CEO Tinuade Sanda, others

Trouble in Eko DisCo as legal director insists Tinuade Sanda is CEO

Tinuade Sanda has been removed from her position as managing director/chief executive officer of Eko Electricity Distribution Company (EKEDC).

The company’s chairman, Dere Otubu, said in a letter that the news media got hold of on Tuesday that the decision was due to a directive from the industry regulator, the Nigerian Electricity Regulatory Commission (NERC).

The letter reads, “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 apply to the utility’s employees, 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.”

WPG is the core investor in Eko DisCo.

Other executives in the company who were seconded from WPG were also affected by the directive.

The NERC’s decision stems from allegations of “ghost workers” at EKEDC.

Last week, the distribution company claimed that none of its staff was involved in any form of fraud as speculated.