• About
  • Advertise
  • Careers
  • Contact Us
Sunday, June 22, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
ADVERTISEMENT
Home WomenPreneurs

Tinuade Sanda: My Story as MD/CEO Eko Electricity Distribution Company (EKEDC)

by Techeconomy
April 30, 2024
in WomenPreneurs
1
Tinuade Sanda, MD and CEO, Eko Electricity Distribution Company (EKEDC)
Tinuade Sanda, MD and CEO, Eko Electricity Distribution Company (EKEDC)

Tinuade Sanda, MD and CEO, Eko Electricity Distribution Company (EKEDC)

UBA
Advertisements

Dr. Tinuade Sanda, tells her story as the managing director and chief executive of Eko Electricity Distribution Company (EKEDC):

====

Tinuade Sanda, MD and CEO, Eko Electricity Distribution Company (EKEDC)
Advertisements
MTN ADS
Dr. Tinuade Sanda, MD and CEO, Eko Electricity Distribution Company (EKEDC)

Under my leadership as MD/CEO of Eko Electricity Distribution Company (EKEDC), my team and I worked diligently to address various challenges and make significant progress in our operations.

My role involved fostering a collaborative environment and providing strategic guidance, which contributed to our achievements and the setting of new benchmarks.

In 2022, I assumed office and encountered significant hurdles, including ATC&C losses at 29.87% and a CE of 82.69%.

To address these challenges, my team and I adopted proactive strategies, encouraged collaboration, and remained steadfast in our commitment. By March 2024, we had made substantial progress, reducing ATC&C losses to 1% and improving CE to 99.25%, thereby establishing new operational efficiency benchmarks.

Under my leadership, EKEDC reached a milestone with its highest-ever monthly collection of N17.1 billion in January 2024, achieved without requiring a tariff increase.

This accomplishment underscored the team’s financial acumen and strategic planning. Additionally, operational metrics showed notable improvement, with Energy Delivered totaling 261,785,052.50kWh and Energy billed at 236,050,490.21kWh.

Notably, I initiated the fast-delivery mass metering program (Mobile MAP Initiative) within 72 hours, resulting in the distribution of over 80,832 meters and a noticeable enhancement in customer service and satisfaction.

Upon assuming office, I inherited the challenge of managing substantial loans, such as CBN Meter, operating expenditure (OPEX), and capital expenditure (CAPEX) loans.

By prioritizing careful financial management, I successfully facilitated their repayment, thereby easing the financial burden on the company and contributing to a more stable financial environment.

By prioritizing a zero-tolerance policy for mediocrity and corruption, while also focusing on effective communication and strategic engagement, this contributed to EKEDC’s strong market remittance performance in Q3, 2023.

Additionally, my commitment to excellence was recognized with prestigious awards, such as The Peak Performer CEO Of the Year (2023) and Vanguard’s Energy Icon of the Year (2023).

While rumours have been circulating, alleging that my appointment as MD/CEO had been terminated due to poor performance, it is important to clarify that this is a misrepresentation and not an accurate reflection of my performance as I have consistently received accolades from the board, recognizing my leadership as well as my management team’s strong performance.

For instance, on March 6, 2024, I received commendations from the Chairman, Human Resources & Corporate Services, Tunji Owolafe, following my correspondence about EKEDC’s compliance with market obligations, where he praised the performance of my team.

He wrote in an email,

“Dear MD, this is very good news, congratulations and well done to you and your team.”

I had previously received similar accolades from Dr. Tunji Owolafe and the Board Chairman, Dere Otubu, on December 5th and 6th, 2023, for the strong November performance. Chairman Otubu wrote, “Congratulations to you and your team for the good performance in November.” These emails serve as evidence of the positive feedback I have received.

Tinuade Sanda, MD and CEO, Eko Electricity Distribution Company (EKEDC)
“Under my leadership as MD/CEO of Eko Electricity Distribution Company (EKEDC), I encountered challenges beyond the operational realm. Despite my remarkable achievements and contributions to the company, I faced cyberbullying and slanderous attacks against my character”, Tinuade Sanda.

What initially began as an investigation into fraudulent activities and ghost worker issues within the executive management team escalated into a malicious campaign aimed at discrediting me.

Instead of addressing legitimate concerns, some individuals chose to propagate unfounded rumours and engage in cyberbullying tactics.

These attacks not only targeted me personally but also sought to undermine my professional reputation and leadership capabilities.

The dissemination of false information and baseless accusations not only created unnecessary distractions within the company but also posed challenges to maintaining a focused work environment.

In the face of these unfounded rumours, I have consistently demonstrated transparency, integrity, and a strong commitment to excellence under my leadership.

I remain dedicated to maintaining these core values, which have been the foundation of my leadership approach – Tinuade Sanda.

Loading

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares
Tags: EKEDCTinuade Sanda
Techeconomy

Techeconomy

Next Post
Binance and Changpeng Zhao

Binance Founder Changpeng Zhao Jailed for Four Months in U.S.

Comments 1

  1. Renzo says:
    1 year ago

    With all you have said the only thing you achieved is collecting money from Nigerians, you never supplied Nigerians with the electricity they are paying for since our forefathers time, my question shey you lie for your credentials abi you no lie which one ? Leave all this plenty epistle you they talk.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Councils Tighten Security After Far-right Protest

7 years ago
Nigerian Passport by Nigeria Immigration Service

Nigerian Immigration writes Foreign Missions, Airlines on Passage for Expired Nigerian Passport Holders

3 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.