EKEDC Proposed Purchase and a New Era in Nigeria’s Power Sector
In January 2025, West Power and Gas the parent company of Eko Electricity Distribution Company (EKEDC), indicated interest to sell off the majority of its stake in EKEDC. Officially, the goal was to attract fresh capital, technology, and expertise to enhance EKEDC’s network and improve its service delivery. However, some key industry commentators viewed the move as strategic, given the competitive landscape expected to emerge with the enacting of the Lagos State Electricity Law.
Through a public