AEDC has adopted a holding company structure and moved to create Niger and Kogi DisCos to align with Nigeria’s decentralised power market.
NewsOnline Nigeria reports that Abuja Electricity Distribution Plc (AEDC) has announced its transition to a Holding Company (HoldCo) structure, a strategic move aimed at strengthening its operations within Nigeria’s evolving electricity market and newly decentralised regulatory framework.
The restructuring follows the Electricity Act 2023, which empowers state governments to establish and regulate independent electricity markets through state-level regulatory commissions. In response, AEDC said it has realigned its corporate and governance structure to enhance operational agility, improve oversight, and support efficient service delivery across its franchise areas.
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As part of the transition, AEDC has incorporated two new subsidiary companies — Niger Electricity Distribution Company and Kogi Electricity Distribution Company. The newly created entities will operate under the Niger State Electricity Regulatory Commission (NSERC) and the Kogi State Electricity Regulatory Commission (KSERC) respectively, while remaining integral members of the AEDC Group.
The company also announced key strategic appointments to lead the new subsidiaries. Engr. Sam Odekina has been appointed Chief Business Officer and Acting Managing Director of the Niger Electricity Distribution Company, while Mr. Desmond Eboh will serve as Chief Business Officer and Acting Managing Director of the Kogi Electricity Distribution Company. AEDC added that preparations are underway to commence a similar transition process in Nasarawa State, with implementation expected to begin in the near term.
Commenting on the development, AEDC’s Managing Director and Chief Executive Officer, Engr. Chijioke Okwuokenye, said the HoldCo structure positions the company to respond effectively to state-specific regulatory requirements while maintaining a unified corporate identity.
“The HoldCo structure enables us to adapt to Nigeria’s evolving energy landscape, enhance operational efficiency, explore new growth opportunities, and contribute meaningfully to the development of the power sector,” Okwuokenye said. “All our subsidiaries will operate as one integrated AEDC family, guided by shared values, standards, and a strong commitment to operational excellence and customer service.”
He further emphasised that AEDC remains committed to maintaining high standards of innovation and customer focus throughout the transition.
AEDC reaffirmed that its recently executed Conditions of Service will apply uniformly across the parent company and all subsidiaries, underscoring the Group’s commitment to workforce stability, fairness, and alignment during the restructuring process.
The company reiterated its support for the development of sustainable, state-regulated electricity markets, noting that the new structure will enable AEDC to set benchmarks for efficiency, reliability, and customer experience across its operations.
Abuja Electricity Distribution Plc supplies electricity to the Federal Capital Territory (FCT) and parts of Niger, Kogi, and Nasarawa States, serving residential, commercial, and industrial customers. The company said it remains focused on powering economic growth and improving quality of life across its franchise areas.
