Eko DisCo sacks CEO, chiefs over NERC directive

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Dr. Tinuade Sanda has been removed from her position as Managing Director/Chief Executive Officer of Eko Electricity Distribution Company (Eko DisCo) by the Board.

This decision was made following a directive from the industry regulator, NERC.

The letter signed by the company’s Chairman, Dere Otubu, explained the reasons behind the decision.

  • “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.”

NERC also issued a letter titled ‘Alleged Ghost Workers In Eko Electricity Distribution Company – Call For Investigation’ instructing the distribution company to withdraw all existing WPG secondees involved in the loss of revenue back to WPG.

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This directive affected other executives who were seconded from WPG as well.

WPG is the core investor in Eko DisCo.

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