Energy and Power
Eko Electricity crisis deepens as Director faults removal of MD/CEO, Tinuade Sanda over corruption allegation
The last has not been heard in the crisis rocking the over alleged corruption, as the Director, Chairman Legal & Regulatory Committee of the company, Mr. Babor Egeregor, has faulted the purported removal of the Managing Director and Chief Executive Officer of the EkoDisco, Dr Tinuade Sanda from office.
SaharaReporters reported on Tuesday, March 26, that the Nigerian Electricity Regulatory Commission (NERC) directed the board of Eko Electricity Distribution Plc (EKEDC or EKEDP) to suspend with immediate effect all the workers of West Power and Gas Limited working with the company.
SaharaReporters reported on Tuesday, March 26, that the Nigerian Electricity Regulatory Commission (NERC) directed the board of Eko Electricity Distribution Plc (EKEDC or EKEDP) to suspend with immediate effect all the workers of West Power and Gas Limited working with the company.
It was reported that the directive may be connected with the recent petition by some concerned staff members of EKEDP to the Vice President, Senator Kashim Shettima; Independent Corrupt Practices and Other Related Offences Commission (ICPC), and the Economic and Financial Crimes Commission (EFCC) for intervention in the alleged endemic corruption in the management of the electricity distribution firm.
Although the company has dismissed the allegation, describing it as unfounded, the accusers have continued to push for external investigation.
However, in compliance with the directive of NERC, the Board Chairman, Otubu, directed the Managing Director/Chief Executive Officer of Eko Electricity Distribution Plc, Dr. Tinuade Sanda to leave her position, as she was also seconded from WPG.
SaharaReporters learnt that following the directive, the MD/CEO, Chief Legal Officer, Chief Finance Officer, Chief Human Resources Officer, Chief Auditor and Compliance Officer and others on secondment at the company handed over their handover notes to their subordinates on Monday and Tuesday as directed.
But reacting to the report, Director, Chairman Legal and Regulatory Committee, Mr. Babor Egeregor, faulted the Board Chairman’s letter sacking the MD/CEO and others on secondment, insisting that Dr. Tinuade Sanda remains the CEO of EkoDisco.
In a rebuttal, titled: RE: FG Sacks Eko Disco Managing Director, Egeregor explained that there was never a time the Nigerian Electricity Regulatory Commission directed that all staff of EkoDisco on secondment should be sacked.
Egeregor noted that the decision of the NERC was misinterpreted by the Chairman of Board, Dere Otubu, for ulterior motive, adding that the NERC decision on seconded staff was only directed to those connected to the alleged fraud and negligence in the company in the name of – Wola Joseph Condotti, Sheri Adegbenro, and Aik Alenkhe.
The rebuttal partly read: “It has come to my notice that by a letter dated 26th of March 2024, the Chairman of Eko Electricity Distribution Company (EKEDC), Mr. Dere Otubu purportedly terminated the Contract of Employment of Dr. Tinuade Sanda, the MD/CEO of EKEDC, allegedly in compliance with Orders/Directives issued by the Nigerian Electricity Regulatory Commission (NERC).
“The said Order of the NERC, herein displayed, are unambiguous, incapable of, and unyielding to plural interpretations. There was nowhere in the Order where NERC requested the removal of any staff either seconded to or hired by EKEDC except those connected to the alleged fraud and negligence i.e., Wola Joseph Condotti, Sheri Adegbenro, and Aik Alenkhe.
“In fact, NERC’s directives were issued to compel the Board of EKEDC, following picketing by the Union and unrelenting Staff protests, to act appropriately in the face of a determined position of a majority of the Board members to cover up the alleged use of ghost workers together with the alleged fraud and protect Wola Joseph Condotti especially.”
It added, “Mr. Dere Otubu’s letter, therefore, was done in bad faith and in vengeful revenge against the MD/CEO for escalating the alleged fraud and issuing queries against one of his protégés, whom he has desperately swore to protect by all means. As a matter of fact, the Ag DG of the BPE, representing the Government on the Board of EKEDC, vehemently rejected the attempt to cover up the alleged crime and insisted on compliance with the punishment prescribed in the Conditions of Service.
“Rather than comply with the Orders of NERC, a recourse to subterfuge was hatched with the purported termination and the publication of different misleading headlines such as “FG Sacks MD of EKEDC”, “Tinuade Sanda relieved of her position as MD, Eko Distribution Company”.
“There are no doubts about a deliberate agenda and unconcealed mischief to misread the Orders of the NERC to malign Dr. Sanda’s reputation for daring to escalate and issue queries to Wola Joseph Condotti for alleged fraud through the use of ghost workers for 3 years, and continuous payment of salaries to exited staffs despite personally receiving their resignation letters.
“Similar queries were issued to Sheri Adegbenro, the Chief Audit and Compliance Officer and Aik Alenkhe, the Chief Human Resources Officers respectively for their failure and gross negligence to audit and detect fraudulent payments on pay roll for over 3 years.”
Continue, he said “We are also aware of a purported press release appointing Mrs Rekiat Momoh as the Ag MD/CEO.
“The board of EKEDC, on which I sit has neither met nor decided on the purported appointment of Mrs. Rekiah Momoh as Ag. MD/CEO, except Mr. Otubu and his close circle of colleagues have transformed themselves into “the board”. I and all well-meaning members of the EKEDC board, I believe, should vehemently distance themselves from this contrivance.
“The Board is not a one man show, and matters are to be collectively deliberated on and approved by Board members. Mrs Momoh is the Chief Commercial Officer of EKEDC and remains so.
“Mr. Otubu and his co-travellers have chosen to cherry pick the exhaustive interaction with NERC where one of the Commissioners wondered why no one was yet to be tried or in prison for these grievous allegations and how to recover lost funds part owned by the federal government. They are more focused on settling scores with our performance driven MD/CEO, Mrs Tinu Sanda.
“At EKEDC, we are known for due process and legality, and anything that would take away from our avowed commitment to due process and corporate governance would be resisted.
“Therefore, let it be known that Dr. Tinuade Sanda remains the MD/CEO of Eko Electricity Distribution Company and has since her assumption of office as the MD/CEO, turned EKEDC around for good, with very great milestones and achievements which every sector player recognises.
“She made EKEDC the number one distribution company in Nigeria. The Investors, Board, and Management of EKEDC believe firmly in her leadership and look forward to many more record setting and breaking moments.
“This is for the information of the general public and all NESI stakeholders.”
President Bola Tinubu has approved the appointment of executive and non-executive members for the newly established Nigerian Independent System Operator, NISO.
In a statement issued on Wednesday by the Special Adviser to the President on Informaion and Strategy, Bayo Onanuga in Abuja, listed the names of members as, Adesegun Olugbade as the board chairman, while Abdu Mohammed Bello was appointed the Managing Director.
Four other Executive Directors are Engineer Nafisatu Asabe Ali for Systems Operation, Engineer Shehu Abba-Aliyu for Systems Planning, Dr. Edmund Eje for Market Operations, and Mr. Babajide Ibironke for Finance and Corporate Services.
According to the statement, the Non-Executive Directors include Lamu Audu, representing Generation; Folake Soetan for Distribution; Tajudeen Giwa-Osagie as Market Expert; Sule Ahmed Abdulaziz for Transmission, and Alhaji Mahmuda Mamman, Permanent Secretary at the Federal Ministry of Power.
“The National Council on Privatisation (NCP) will finalise the recruitment process.
“These appointments align with the Electricity Act of 2023. They followed a memorandum from Vice President Kashim Shettima and a rigorous selection process conducted by the Independent Board Nomination Committee (IBNC) in collaboration with Phillips Consulting Limited.
“The creation of NISO fulfils a key mandate of the Electricity Act (2023), which requires the unbundling of the Transmission Company of Nigeria (TCN) into a Transmission System Provider (TSP) and an Independent System Operator (ISO).
“The Nigerian Electricity Regulatory Commission (NERC) officially established NISO on April 30, 2024. The Bureau of Public Enterprises (BPE) and the Ministry of Finance Incorporated (MOFI) are its subscribers, each holding equal equity shares.”
The Energy Commission of Nigeria (ECN), through its Energy Management Systems project, has trained stakeholders in various Ministries and Agencies in Nigeria to enhance industrial energy performance and promote resource-efficient, cleaner production.
The training took place in Abuja on Monday.
The ECN said the initiative is implemented through programmatic approaches and the promotion of innovation in clean technology solutions.
Speaking during the event, the ECN Director General, Dr. Mustapha Abdullahi, stated that the aim of the training was to promote innovation in clean technology solutions under the NIG IEE/RECP Project, which is supported by the Global Environment Facility (GEF) and the United Nations Industrial Development Organization (UNIDO).
According to him, the project is also targeted at strengthening national industrial energy efficiency (IEE) policies and regulatory frameworks to encourage the adoption of UNIDO’s Energy Management Systems Standards (EnMS/ISO 50001) in Nigeria.
The Director General said, “With the increase in energy prices and the environmental impacts of energy consumption, there is a growing need for balanced energy usage and effective energy management to minimize energy wastage. It is therefore commendable that this timely training on Energy Management Systems (EnMS) is organized to present a systematic framework for establishing policies, processes, procedures, and specific energy-related tasks aimed at meeting an organization’s energy-saving targets.”
Also, the Program Coordinator for Environment and Energy at the United Nations Industrial Development Organization (UNIDO) for Nigeria and ECOWAS, Mr. Oluyomi Banjo, commended the ECN for organizing the training.
He said, “Globally, industries account for one-third of total energy consumption and almost 40% of worldwide COz emissions. The need to reduce energy consumption, environmental degradation, and resource depletion by industries in emerging economies is particularly urgent. Since 1990, global growth in industrial production has been dominated by emerging economies like India and China, which together accounted for over 80% of increased industrial production during this period.
“This project was collectively developed and submitted by UNIDO on behalf of Nigeria in 2017 under the Global Environment Facility (GEF) 6 programming cycle. It was approved for full project development in 2017 and subsequently for full project implementation in 2020. It may interest you to know that, for the first time at UNIDO, we are integrating industrial energy efficiency with resource efficiency and cleaner production in a single project. In South Africa, UNIDO’s project on Industrial Energy Efficiency recently received the Best Project of the Year award from the Southern Africa Energy Efficiency Confederation. We look forward to replicating such achievements in Nigeria.”
“The outcome of this project is targeted at industries, aiming to develop an expert base in Nigeria that could also be exported to other countries in Africa and beyond.”
The Rural Electricity Agency (REA), in partnership with the Adamawa State Government, is set to convene the REA – Adamawa State Strategic Roundtable theme “Empowering Adamawa: Unlocking Private Sector Opportunities in Distributed Renewable Energy”, scheduled for the 3rd of March, 2025 at the Transcorp Hilton, Abuja. The Agency invites frontline stakeholders in the clean energy ecosystem, including private sector players and development finance institutions to this strategic, solution-focused Roundtable.
In line with the Agency’s ongoing State-by-State initiative designed to exploit the tenets of the 2023 Electricity Act, passed into Law by His Excellency, President Bola Ahmed Tinubu, GCFR, the Agency has sustained its drive to deliver on the objectives of the futuristic Act, while strengthening the National Electrification and Strategy Implementation Plan (NESIP).
Leaning on the strategic efforts of the Honourable Minister of Power, Chief Adebayo Adelabu, the REA State-by-State Strategic Roundtables continue to serve as a veritable tool and a meeting point to facilitate impactful partnerships between active stakeholders in the energy sector while exploring opportunities for the growth of the state electricity markets.
Having convened five Roundtables with five State Governments, the Agency is now working in lockstep with the Adamawa State Government, at the behest of His Excellency, Governor Ahmadu Umaru Finitri, and the Managing Director of the REA, Abba Abubakar Aliyu, to facilitate structured, data-driven commitments for people-centred infrastructural development through innovation and sustainability in Adamawa State’s electricity market.
The State Government, under the leadership of Governor Ahmadu Umaru Fintiri, has advanced efforts towards strengthening its electricity market, including the planned establishment of Independent Power Plants across the state and the set-up of the Adamawa State Electricity Commission tasked with regulating the generation, transmission, and distribution of electricity in the State.
The 2023 Electricity Act, having aided the decentralization of the nation’s electricity sector has given State Governments the regulatory freedom over their respective electricity market.
Leaning on the mandate of the REA as well as the Agency’s technical and strategic expertise, the REA – Adamawa State Strategic Roundtable will serve as an opportunity to exploit the tenets of the NESIP; strengthening PPPs for data-driven clean energy projects in Adamawa state; supporting the State’s efforts on improved electricity distribution and renewable energy integration; exploring investment opportunities in Adamawa State Electricity market and exploring technology options for improved, sustainable energy access in the State.
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