The Nigerian Electricity Regulatory Commission (NERC) has approved the appointment of Ms Sherifat Adegbenro as acting Chief Executive Officer of Eko Electricity Distribution Plc.
The regulator announced its decision in a public notice, stating that the move complies with the Code of Corporate Governance for the Nigerian Electricity Supply Industry.
The commission said the appointment is intended to ensure leadership continuity while the company searches for a substantive chief executive.
Ms Adegbenro will immediately take over as acting CEO of the utility, which distributes power in parts of Lagos and Ogun State, and will remain in the role until the board names a permanent chief executive.
ALSO READ
The appointment comes just months after Eko Disco named Wola Joseph Condotti as interim CEO in January 2026.
That leadership change followed the completion of a majority stake acquisition in the company by TransGrid Enerco Limited, a Nigerian investment consortium.
TransGrid Enerco finalised its purchase of a 60 per cent controlling stake in Eko Disco in a deal valued at about N360 billion, marking one of the largest private takeovers in Nigeria’s power distribution sector since the 2013 privatisation.
Before the TransGrid transaction, Eko Disco had undergone a series of leadership shifts, including the confirmation of Rekhiat Momoh as managing director in November 2025 after she had served in an acting capacity from March 2024.
The new acting appointment underscores ongoing efforts by regulators and investors to stabilise governance at Eko Disco, which serves a major commercial hub.
