Mrs. Mojoyinoluwa Dekalu-Thomas has been appointed as the new Managing Director and Chief Executive Officer of the Nigeria Electricity Liability Management Company (NELMCO) for a four-year tenure by President Bola Tinubu.

Mrs. Dekalu-Thomas has served as the Acting MD/CEO of NELMCO since the mandate of pioneer MD/CEO, Mr. Adebayo Fagbemi, expired on May 8, 2023, according to a statement issued by presidential spokesman, Ajuri Ngelale, on Friday.

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

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

By the directives of the President, the appointments take immediate effect.