 | This article may require cleanup to meet Wikipedia's quality standards. The specific problem is: Reads like a list of events, needs to be edited for flow.(July 2025) |
Eko Electricity Distribution Company Plc (EKEDC), commonly known as Eko DisCo, is one of Nigeria's eleven electricity distribution companies, serving parts of Lagos and Ogun States. [1]
EKEDC was founded after the unbundling of the Power Holding Company of Nigeria under the Electric Power Sector Reform Act and was privatized in November 2013 alongside other DisCos. [2] Initially owned by West Power & Gas (WPG), in January 2025 Transgrid Enerco, a consortium of North‑South Power, Axxela, and Stanbic Infrastructure Growth Fund, signed an agreement to acquire a 60% stake in EKEDC. [3] [4]
In mid-2024, the Federal Competition and Consumer Protection Commission warned EKEDC (along with Ikeja DisCo) to pause the replacement of Unistar prepaid meters amid compliance concerns. [5] [6] In July 2021, a consumer group sued EKEDC and Ikeja over estimated billing practices. [7]
In March 2025, it reported that Nigerian Army personnel assaulted staff and damaged equipment at its Badagry substation during a power upgrade. [8]
In April 2024, EKEDC's parent company WPG dismissed its first female managing director, Dr. Tinuade Sanda, following internal board disputes initiated after a NERC directive to end secondment arrangements. [9] Rekhiat Momoh was subsequently appointed Acting CEO. [10] In early 2024, the Nigerian House of Representatives investigated alleged boardroom conflicts, citing the federal government's 40% stake as a reason for oversight. [11]