Agatha Chitumu, Abuja
DAILY COURIER - The Abuja Electricity Distribution Company (AEDC) has announced the appointment of Engr. Chijioke Okwuokenye as the acting Managing Director, with immediate effect.
The appointment according to a statement was part of the company transformation agenda and drive towards repositioning of AEDC as a foremost customer-focused electricity distribution company in the Nigerian power sector.
Prior to his appointment,
Okwuokenye served as the company’s Chief Operating Officer, where he oversaw strategic support units and embedded generation projects of the company.
The company also announced the appointment of Olumide Jerome as the Chief Operating Officer.
Jerome was formerly one of the company’s Chief Business Officers.
With the new appointment, he brought with him wealth of experience and expertise in the power sector, as well as a passion for the industry.
The development was coming at a time the Transmission Company of Nigeria (TCN) issued suspension and disconnection orders to AEDC.
The disconnection is to take effect on July 28.
TCN it would be recalled had in two separate Orders issued on July 19, alleged that AEDC failed to provide an adequate Bank Guarantee, and did not comply with Market Rules.
In the same vein, the Federal Inland Revenue Service (FIRS) also sealed the headquarters of the Abuja Electricity Distribution Company (AEDC) in Abuja for owing some tax.
Lauding the appointment, the Chairman of the Board of Directors, Dr. Stanley I. Lawson, described “Chijioke Okwuokenye is an experienced leader who has been a part of the company’s transformation agenda and a well-suited Personality to drive its corporate turnaround.
" I am confident that, with his technical and commercial background, he will continue to drive value for all AEDC stakeholders”. he added.
Abuja Electricity Distribution Plc (AEDC) is an electricity distribution company in Nigeria, committed to delivering dependable electricity to millions across the nation's key commercial centres - Federal Capital Territory (Abuja), Kogi, Niger, and Nasarawa states.
In May 2023, a Transcorp-led consortium, became the core investor in AEDC, following its 60% acquisition of the company's shares. Since this strategic acquisition, the company has intensified efforts to upgrade substations, expand distribution networks, and integrate cutting-edge technologies, to enhance power supply reliability and operational efficiency.
AEDC prioritizes customer experience and consistently strives to create value for all stakeholders, while contributing to the socioeconomic development of the regions it serves.
