Inside Details Of How WPG, Parent Company Of EKEDC Sacked MD/CEO, Tinuade Sanda

The New Diplomat
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By Abiola Olawale

Following the ongoing tussle at the helms of the leadership of the Eko Electricity Distribution Company (EKEDC), the holding company, West Power & Gas Limited, has announced the sack of the Managing Director /Chief Executive Officer (MD/CEO), Ms Tinuade Sanda.

Sanda’s appointment with WPG Ltd was terminated in a letter signed by the company chairman, Charles Momoh, and dated April 17, 2024. This latest development concludes a series of high-profile shifts in leadership within the organization, driven by directives from the Nigerian Electricity Regulatory Commission (NERC).

The letter titled, ‘Termination Of Contract Of Employment,’ said Ms Sanda’s termination of employment takes effect from the date on the letter.

It reads: “We refer to your contract of employment dated April 1, 2022, signed between you and WPG Limited [the “Contract”].

“We hereby advise you that your services are no longer required and accordingly your employment with WPG Ltd is hereby terminated effective April 17, 2024, in accordance with clause 10.2 of the Contract.

“WPG Ltd is obligated to pay you three months’ salary in lieu of notice and hereby advise you that the due amounts have been credited to your account.

“You are requested to kindly return all company’s properties (whether WPG or EKEDP) in your possession which will include but not be limited to laptops, identity cards, and status car upon your receipt of this letter.”

“We wish you all the best in your future endeavors,” it added.

The New Diplomat reports that the latest development comes after a fierce battle amongst board members of the Eko Disco,

It would be recalled that the EKEDC Chairman, Dere Otubu had announced the sack of Sanda. The chairman had hinged the decision on a directive from the Nigeria Electricity Regulatory Commission.

However, in a shocking twist, the Board insisted that Sanda remains the Managing Director/Chief Executive Officer. The Director and Chairman of the Legal & Regulatory Committee, Mr Babor Egeregor, in a press statement, had said the NERC did not order the removal of any staff either seconded to or hired by EKEDC, except those connected to the alleged fraud and negligence.

A source who is familiar with the situation in the company said Sanda may have reportedly been a victim of an internal shareholder jostle for control between the company chairman, Otubu, and a majority shareholder, Walter Wagbatsoma.

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