From David Onuoja, Abuja
The Board of Directors, under the Chairmanship of Dr. Stanley I. Lawson, has today sacked the former Acting Managing Director of Abuja Electricity Distribution Company (AEDC), Victor Ojelabi, and replaced him with a new Ag. Managing Director, Mr Chijoke Okwuokenye.
Okwuokenye, was the former company’s Chief Operating Officer, where he oversaw strategic support units and embedded generation projects of the company.
He brings to the role a wealth of experience and expertise in the power sector, as well as a passion for the attainment of the vision for the Nigerian electricity supply industry.
The Company also announced the appointment of Olumide Jerome as the Chief Operating Officer. Prior to this, he served as one of the company’s Chief Business Officers before this new appointment.
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In a press statement signed and issued to journalists in Abuja, the Head, Marketing Communications AEDC, Adefisayo Akinsanya, said the appointments are part of the transformation agenda of the company.
Speaking on the appointment, the Chairman of the Board of Directors, Dr. Stanley I. Lawson, said, “Chijioke Okwuokenye is an experienced leader who has been a part of the company’s transformation agenda and is well suited to drive its corporate turnaround.”
According to him, “I am confident that, with his technical and commercial background, he will continue to drive value for all AEDC stakeholders”, he said.
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.
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.
