Eko Electricity Distribution Plc (EKEDP) has announced a major leadership transition following the takeover of its board by Transgrid Enerco, marking a new phase in the company’s corporate governance and strategic direction. The transition follows the resignation of the former…
Transgrid Enerco Takes Control of Eko DisCo in N360 Billion Power Sector Bet
When Transgrid Enerco completed the acquisition of a 60 per cent controlling stake in Eko Electricity Distribution Company (Eko DisCo) seven days ago, it marked a significant shift in Nigeria’s troubled power sector, particularly for Lagos, the country’s commercial nerve…