How Tinuke Sanda lost out at EKEDC
Dr. Tinuade Sanda has finally faced sack as the MD/CEO of Eko Electricity Distribution Company (Eko Disco).
Sanda has now been dismissed from her position at the holding company, West Power & Gas (WPG).
The good looking Sanda was EKEDC former head honcho but has since been replaced in a statement by the parent company, WPG.
According to allegations, Sanda’s tragedy may be attributed to her arrogance and she had hoped that after losing her job, she would be reinstated.
She fought to be reinstated but contrary to her expectation, she wasn’t restored to her position, instead, she was given the boot from West Power & Gas (WPG), the parent company of Eko Electricity Distribution Company (EKEDC), weeks after she was asked to return to the firm.
Until she was posted to the EKEDC as a Managing Director and Chief Executive Officer (MD/CEO), Sanda served as the Chief Finance Officer (CFO) of WPG, a consortium of local businesses owning a 60 per cent stake and controlling interest in Eko Disco.
Sanda, who has been in the eye of the storm, following a boardroom crisis at the distribution company, was relieved of her duties at WPG via a letter dated April 17, 2024, and signed by the company’s Chair, Charles Momoh.
The electricity company mainly supplies electricity to Lekki, Ibeju, Lagos Island, Orile, Ijora, Apapa, Mushin, Festac, Ojo, Ajah and Agbara.
Sanda’s sack from WPG concludes a series of high-profile shifts in leadership within the organization, driven by directives from the Nigerian Electricity Regulatory Commission (NERC). She was allegedly booted out of her high offices at EKEDC and WPG as a consequence of high-wired politics and power play that took place over several months.
Although there was initially some vigorous pushback by her supporters, Sanda, who openly challenged her removal and dismissed it as unacceptable, lost in the acrimonious battle to reclaim her spot.
So disgusted was the company’s board with her perceived misconduct that all the members allegedly voted for her immediate dismissal as the company’s MD/CEO.
At her sack by EKEDC, she thought she would enjoy a reprieve from WPG, its parent company, but the latter deemed it wiser to disengage with her in a bid to avoid complications arising from the high-wired boardroom politics triggered by her leadership at the EKEDC.