Rekhiat Momoh has stepped down as Chief Executive Officer of Eko Electricity Distribution Company (Eko DisCo) after more than three decades of service, coinciding with the recent acquisition of a 60 per cent stake in the company by Transgrid Consortium.
Momoh’s retirement marks the end of a 33-year career during which Eko DisCo operated under the Multi-Year Tariff Order (MYTO) framework while adopting digital and data-driven systems to enhance operational efficiency across its network.
Under her leadership, the company executed loss-reduction strategies targeting Aggregate Technical, Commercial, and Collection (ATC&C) losses, while implementing infrastructure upgrades to improve network reliability and financial performance. The firm also significantly expanded its participation in the National Mass Metering Programme, deploying hundreds of thousands of smart meters to reduce estimated billing and close the metering gap.
During her tenure, Eko DisCo introduced Band A service level agreements for select industrial and residential clusters, aligning electricity supply hours with corresponding tariff structures. Momoh also oversaw preparations to operate under the regulatory changes brought by the Electricity Act of 2023, ensuring compliance with both the Nigerian Electricity Regulatory Commission and the Lagos State Electricity Regulatory Commission.
Momoh expanded the company’s digital customer service platforms, enabling real-time fault reporting, electronic payments, and other customer-centric solutions. In her farewell address, she credited the organisation’s achievements to collective staff efforts.
“Serving as your CEO has been the greatest privilege of my professional life,” Momoh said. “Together, we have navigated change, overcome challenges, seized opportunities, and built an institution that is strong, respected, and future-ready. Any success attributed to my tenure is the result of the collective commitment, integrity, and excellence of every member of our team.”
She expressed confidence in the company’s future leadership, stating, “The foundation is solid, the vision is clear, and the future is bright. I look forward to watching the next chapter unfold, knowing the organisation is in capable and principled hands.”
Momoh was confirmed as substantive CEO in November 2025, a decision supported by the Board Chairman, Oritsedere Otubu, who described her as a leader with “strong operational discipline, strategic insight, and an ability to drive measurable results.” Otubu noted that her appointment ensured continuity in governance and operational planning, allowing the company to consolidate its recent milestones ahead of the new majority ownership.
