Eko Disco Unveils New Structure: Excel Takes Charge of Lagos Distribution

EKO DISCO announces a significant restructuring in its operations, with the launch of Excel Electricity Distribution Limited as a 100% subsidiary focused on managing electricity distribution within Lagos State. This change aligns with the newly enacted Electricity Act of 2023 that granted state governments authority over local power markets. The move aims to improve efficiency and service delivery for customers in Lagos, while maintaining continuity under new regulatory frameworks.