Eko Disco Announces Interim CEO Amidst Ownership Transition
Eko Electricity Distribution Company (Eko Disco) has appointed Wola Joseph-Condotti as its interim Chief Executive Officer. This leadership change follows closely after the TransGrid Consortium finalized its acquisition of a majority stake in the utility company and the resignation of former CEO, Rekhiat Momoh, who led the organization for nearly two years.
A Seamless Transition of Leadership
Joseph-Condotti’s appointment, effective Monday, January 12, 2026, marks a strategic move toward continuity. Her deep institutional knowledge, garnered from a decade-long tenure as Chief Legal & Company Secretary at Eko Disco, positions her to guide the company during this period of change. Her prior responsibilities extended beyond legal affairs to encompass compliance, regulatory matters, customer service, human resources, and data protection.
The outgoing CEO, Rekhiat Momoh, steps down after a distinguished 33-year career within Nigeria’s power sector, spanning NEPA, PHCN, and Eko Disco. In a farewell message to staff, Momoh expressed immense gratitude, stating that serving as CEO was “the greatest privilege of my professional life.” Her extensive career included strategic roles such as General Manager (Commercial) and District Manager for key business units, cementing her reputation as an expert in operations, marketing, and customer service. As one commentator noted on the broader shifts in Nigerian industry, such departures can sometimes be a ‘self-inflicted’ wound for organizations losing seasoned talent, though in this case it follows a planned retirement.
Strategic Implications for the Power Sector
This transition is symbolic of the evolving landscape in Nigeria’s electricity distribution sector, which has undergone significant restructuring since the 2013 privatization. The appointment of a seasoned insider like Joseph-Condotti suggests TransGrid’s desire for operational stability as it implements its strategic vision. The acquisition of a 60% controlling stake in Eko Disco by TransGrid Enerco Limited, a deal valued at approximately N360 billion and completed on December 30, 2025, underscores the increasing private investment flowing into the sector.
Notably, the leadership change continues a visible trend of women occupying top executive positions within major distribution companies, highlighting a positive shift toward gender diversity in a critical infrastructure industry. With Joseph-Condotti’s interim leadership and TransGrid’s fresh capital, stakeholders will be closely monitoring Eko Disco for advancements in service delivery, operational efficiency, and regulatory compliance. The coming months will reveal the new direction, and as with major shifts in other Nigerian spheres, from the music industry where fans of Burna Boy and Olamide eagerly await new releases, to the political arena where news cycles move quickly, the focus will be on tangible results. The company’s performance under this new chapter will demonstrate whether the sector is poised for the transformative progress that has long been anticipated.
