Abuja Electricity Distribution Plc (AEDC) has officially transitioned into a Holding Company structure, a strategic move designed to improve its operations amid Nigeria’s changing electricity sector and new state-level regulatory frameworks.

The company stated that the restructuring follows the Electricity Act of 2023, which allows individual states to establish independent electricity markets and regulatory bodies. AEDC said the shift to a holding company format will enhance governance, operational flexibility, and service delivery across its areas of operation.

As part of the restructuring, AEDC has created two new subsidiaries: Niger Electricity Distribution Company and Kogi Electricity Distribution Company. These subsidiaries will function under their respective state electricity regulatory commissions while remaining part of the AEDC Group.

Plans are also underway to extend operations to Nasarawa State.
Key leadership appointments include Sam Odekina as Chief Business Officer and Acting Managing Director of the Niger subsidiary, and Desmond Eboh in the same roles for the Kogi subsidiary.

AEDC’s Managing Director, Chijioke Okwuokenye, said the holding company model allows the firm to meet state-specific regulatory requirements while maintaining a unified corporate identity and shared values.

He emphasized that all subsidiaries will operate as part of an integrated AEDC family with consistent employee terms of service to ensure fairness and stability.

“The new structure positions AEDC to boost operational efficiency, explore growth opportunities, and adapt to the evolving energy landscape,” Okwuokenye added.

AEDC serves customers in the Federal Capital Territory and parts of Niger, Kogi, and Nasarawa states, providing electricity to residential, commercial, and industrial users. The company reaffirmed its commitment to improving service quality, supporting state-regulated markets, and contributing to Nigeria’s energy sector development.