Eko Disco Consolidates On N11b Revenue, Appoints New Chairman

THE Eko Electricity Distribupower utility company and tion Company ( EKEDC) has the preferred choice of all announced the appointment stakeholders. of Oritsedere Otubu as its new Otubu is an accomplished Chairman, to consolidate on entrepreneur with a diversiits N11 billion monthly revfied portfolio of investments enue. that has a track record of suc

Otubu replaced Charles cessfully developing and Momoh who was the pioneer building businesses for over Chair and is stepping down 25 years. He plays a strong after eight years in line with leadership role in the direccompany’s policy and intertion and governance of national best practices. many companies where he

It is expected that Otubu will holds significant interests. consolidate on the gains Otubu said, “This is quite an achieved under Momoh important point for the where monthly revenu es power sector in its journey to climbed steadily from about maturity as the needs of our N2.3b to nearly N11b. customers, regulators, and

The General Manager, Corpoother stakeholders are rate Communications, changing rapidly.

EKEDC, Godwin Idemudia, in “We are engaging continua statement, said the EKEDC ously to strategically chart Boar d and Management are the course of this company’s fully confident that the new growth and contribute to chairman will lead the comboth the power sector’s and pany into a new ph ase of dethe nation’s development in velopmental journey to attain ways that will enable susindustry milestones and optitained and beneficial growth mise its position as the leadfor all, in the years ahead,” he ing and customer- centric said.