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NERC names Adegbenro acting chief executive of Eko DisCo

The Nigerian Electricity Regulatory Commission has approved the appointment of Ms. Sherifat Adegbenro as the Acting Chief Executive Officer of Eko Electricity Distribution Company.

The Commission disclosed this in a public notice shared on its X handle on Monday.

According to NERC, the appointment is in line with the Code of Corporate Governance for the Nigerian Electricity Supply Industry.

NERC said Adegbenro will assume duties as the Acting CEO of Eko DisCo.

“The Nigerian Electricity Regulatory Commission (NERC) has formally approved the appointment of Ms. Sherifat Adegbenro as the acting Chief Executive Officer of Eko Electricity Distribution PLC (EKEDP).

“Aligned with the Code of Corporate Governance for the Nigerian Electricity Supply Industry, this appointment ensures leadership continuity pending the DisCo’s appointment of a substantive CEO,” the statement said.

In January, Eko Electricity Distribution Company appointed Wola Joseph-Condotti as its Interim Chief Executive Officer.

In December, TransGrid Enerco Limited completed the acquisition of a 60 per cent controlling stake in Eko Electricity Distribution Company in a deal valued at about N360 billion.

The transaction, originally expected to close by April 2025, was finalised on December 30, 2025.

It represents one of the biggest private takeovers in Nigeria’s power distribution sector since the 2013 privatisation of the industry.