Eko Disco Managing Director, Tinuade Sanda’s Sacking: What Really Happened?

More details have emerged on the sacking of Tinuade Sanda as Eko Disco’s Managing Director.

 

NewsOnline Nigeria had earlier reported that the Board of Eko Electricity Distribution Company (Eko DisCo) has removed Dr. Tinuade Sanda from her position as Managing Director/Chief Executive Officer.

 

This Nigeria news platform understands that Tinuade Sanda’s removal as Eko Disco Managing Director was disclosed in a letter signed by Eko Disco Chairman, Dere Otubu, and made available to journalists.

 

In the letter sighted by NewsOnline Nigeria, Eko Disco explained that the decision to sack Tinuade Sanda was due to a directive from the Nigerian Electricity Regulatory Commission (NERC), an independent regulatory body with authority for the regulation of the electric power industry in Nigeria.

 

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The letter reads thus; “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.”

 

The letter from NERC titled “Alleged Ghost Workers in Eko Electricity Distribution Company – Call For Investigation“, wherein instructed the distribution company to “ensure all existing WPG secondees involved in the loss of revenue to EKEDC in this matter are withdrawn back to WPG,” indicating that all WPG staff seconded to Eko DisCo should be removed.

 

WPG is the core investor in Eko DisCo.

 

“It is important to note that, other executives in the company who were seconded from WPG were also affected by the directive”.

 

It was, however, gathered that the decision may have stemmed from internal management conflicts within the company over leadership positions.

Read the letter mandating Tinuade Sanda’s sack below:

 

 

The directive from NERC mandating Eko Disco to sack Tinuade Sanda is coming barely a week after Concerned Eko Disco Staff petitioned ICPC, NERC, EFCC, an the Vice President over fraud in Eko Disco.

 

 

Meanwhile, NewsOnline Nigeria reports that the board of Eko Electricity Distribution Company has announced the appointment of Mrs Rekhiat Momoh as the acting Chief Executive Officer (Acting CEO) with effect from Tuesday, March 26, 2024.

 

This disclosure is contained in a press statement issued on behalf of the board of Eko DisCo and seen by NewsOnline Nigeria.

The statement says that Mrs Momoh has been in the power sector for over 31 meritorious years, adding that 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.

The statement reads,‘’ We wish to inform the general public that Mrs Rekhiat Momoh has today 26th March, 2024 assumed the role of Acting CEO of Eko Disco.

 

‘’This follows the redeployment of our erstwhile MD/CEO Mrs Tinuade Sanda back to WPG Ltd, the core investor who seconded her to Eko Disco.

 

‘’Mrs 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.

 

‘’We have great confidence in her ability to perform this role effectively and take the company to greater heights.’’