30th March 2024 NewsOrient
News, Business And Economy
By Ferdinand Okor, Editor-At-Large, Abuja

The Managing Director of Eko Electricity Distribution Company (EKEDC) Plc, Dr, Tinuade Sanda, on Friday celebrated her achievements as she clocks two years in office on March 30, 2024.

Despite challenges faced by her, she promised to do more, having been inspired by Michelle Obama’s words, “When they go low, we go high.”

Sandra in her Instagram handle on Friday, @ tinuade_sanda, revealed the milestone achievements EKEDC has achieved two years after.

According to her, EKEDC has recorded a total collection of N14.9 billion as of March 28, 2024, while in just a single month, the Eko Disco recorded a peak collection of about N17.1 billion in January 2024.

The EKEDC had in February set an ambitious target of Aggregate Technical Commercial and Collection (ATC & C) losses at 11.85%, the company surpassed expectations by achieving a remarkable single-digit rate of 4% just a month later. The ATC & C measures how efficiently a disco operates.

Titled, “Celebrating Milestones: Two Years at EKEDC’s Helm!”, Sanda wrote, “As I approach my two-year anniversary as MD/CEO of EKEDC on the 30th of March, 2024, l am filled with pride over our victories against all odds: achieving a record collection of N14.9 billion as of the 28th of March, 2024 and cutting ATC & C losses to 4%.

“Not to mention our peak collection moment of N17.1 billion in a single month, achieved in January 2024, stands as a testament to our commitment and hard work.

“These milestones have significantly propelled our service and efficiency forward. Following our recent strategy session in February 2024, we set an ambitious target for ATC & C losses at 11.85%, yet we’ve surpassed expectations by achieving a remarkable single-digit rate of 4% just a month later.

“Inspired by Michelle Obama’s words, ‘When they go low, we go high’, we embrace resilience, firmly believing that no goal or challenge is insurmountable.”

Photo Credit: Facebook

~ NewsOrient