EKEDC Power Tussle Latest: Tinuade Sanda is Still MD/CEO, Says Director, Chairman Legal & Regulatory Committee

THEWILL reports that the development further underscores the division amongst the shareholders and stakeholders of the company and significantly marks the escalation of hostilities in the intense battle for the control of power in the foremost electricity provider which services parts of Lagos State and Agbara community in Ogun State.

Egreregor in a statement on behalf of EKEDC, described the purported removal of Dr. Sanda from office as false, insisting that “The Board is not a one man show, and matters are to be collectively deliberated on and approved by Board members.” The full text of the statement is reproduced herewith: