Tinubu appoints Dekalu-Thomas as MD of NELMCO

Tinubu appoints Dekalu-Thomas as MD of NELMCO

 President Bola Tinubu has approved the appointment of
Mojoyinoluwa Dekalu-Thomas as the new managing director and chief executive
officer of the Nigeria Electricity Liability Management Company (NELMCO).

 

NELMCO is a special purpose entity (SPE) created by the
federal government, and saddled with the responsibility of managing the
liabilities and non-core assets of the defunct Power Holding Company of Nigeria
(PHCN).

 

Ajuri Ngelale, presidential spokesperson, announced the
appointment in a statement on Friday.

 

Ngelale said Dekalu-Thomas’ appointment would last for a
tenure of four years.

 

Dekalu-Thomas had served as the acting MD/CEO of NELMCO
since the tenure of Adebayo Fagbemi, pioneer NELMCO MD/CEO, ended on May 8,
2023.

 

“Furthermore, her previous interim role and new substantive
appointment has created a vacancy at her previous position: Executive Director,
Liability Management,” the statement reads.

 

“Accordingly, President Tinubu has approved the appointment
of Mr. Dimla Joel Nchinney to serve in NELMCO as the substantive Executive
Director, Liability Management.”

 

Ngelale said the appointments take immediate effect.

Source: Tinubu appoints Dekalu-Thomas as MD of NELMCO

 - NigerianEye

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