Eko DisCo Board Issues Disclaimer on Publication by Egeregor

Matilda Omonaiye/

The Chairman of Eko Electricity Distribution Company (Eko DisCo), Mr. Dere Otubu has issued a disclaimer on a publication made by a board member, Babor Egeregor.

In a press statement on Wednesday, March 27, Otubu says:

“The attention of the Board of Directors has been drawn to the recent statements online and print media from Mr. Babor Egeregor, supposedly acting on behalf of the Board.

“This is to state that the Board of Eko Electricity Distribution Plc (“EKEDP”) did not and has not authorized Mr. Babor Egeregor to issue any statement or press release on its behalf. We therefore urge the general public to regard all communications from him as his personal views and does not represent the position of the Board of “EKEDP”.  The Board of “EKEDP” hereby reaffirms that only communications and press releases signed by the Chairman, acting on behalf of the Board is authentic and represents the position of the company on any matter.

“We kindly urge the media houses to be wary about publishing statements from unconfirmed sources or unauthorised persons which may be aimed at misleading the public. Please be guided accordingly.”

Early today, the Chairman of the Board, Mr. Dere Otubu, had reacted to media reports insinuating that former CEO, Dr. Tinuade Sanda was still in charge.

Mr. Otubu’s reaction, contained in a letter to Mrs. Momoh and the entire staff, on Thursday, March 28, was sequel to a statement by the Director/Chairman, Legal and Regulatory Committee of EKEDC, Babor Egeregor, that removal of Sanda as MD/CEO and replacement with Momoh was not in sync with the directive of the Nigeria Electricity Regulatory Commission (NERC).
Egeregor said the directive by NERC only covered those that were fingered in the allegations of fraud and negligence.

However, in his letter to members of staff on Wednesday, entitled “Recent Management Changes at Eko DisCo, the Board Chairman, stated: “Following my earlier message to you in respect of the above, it has become necessary to send out this message in view of the misinformation being disseminated to the public.  

“Kindly note that nothing has changed since the last message to you. No staff of WPG has been returned to Eko Disco. NERC has not nullified any of the actions taken by the Board of Eko Disco.

“All staff in acting roles following the withdrawal of WPG secondees including our Acting CEO Mrs Rekhiat Momoh are to continue doing their work.

“For greater clarity, the reason for the withdrawal of the WPG seconded staff is to allow for the process of employment of any qualified staff directly in Eko Disco. The decision of the board is that all staff members of Eko Disco will have the same conditions of service and be under the same payroll structure.

“There’ll therefore be the harmonisation of the salary structure so that there will be no further earnings dichotomy. This process is still ongoing and you will be informed when it is completed.

“Kindly continue to do your work without any concern or hindrance as what is being planted in the papers is only intended to cause mischief.

“The Board of Directors of Eko Disco remains the highest organ of governance of the Disco. Therefore, only statements from the Chairman acting on behalf of the Board should be countenanced.

“We have great confidence in all of you to perform your roles effectively and take the company to greater heights.

“We therefore urge everyone to keep doing their duties diligently.”

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