President Bola Tinubu has approved the appointment of Mrs Mojoyinoluwa Dekalu-Thomas as the new Managing Director and Chief Executive Officer of the Nigeria Electricity Liability Management Company (NELMCO).

A statement by Mr Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, on Friday in Abuja, said the appointment was for a term of four years.

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

Ngelale said that her new appointment has created a vacancy at her previous position of Executive Director, Liability Management.

He said that the President has, therefore, approved the appointment of Mr Dimla Nchinney to serve in NELMCO as the substantive Executive Director, Liability Management.

The presidential spokesman said that the appointments took immediate effect.