Rumundaka Wonodi

Rumundaka Wonodi (born 30 September 1967) is a Nigerian energy sector professional. He served as the inaugural managing director and chief executive officer of Nigerian Bulk Electricity Trading Plc (NBET) from 2011 to 2016.[1][2]

Early life and education

Wonodi was born on Hospital Road, Port Harcourt, Nigeria. He obtained a bachelor’s degree in civil engineering from the University of Benin and a Master of Business Administration from the Yale School of Management. At Yale, he was a J. Olin Research Fellow, focusing on power and natural gas markets in the United States.[2]

Career

Wonodi worked as a director in the Origination Team at Constellation Energy Commodities Group, based in Baltimore, Maryland. In that role, he was involved in transactions in North American gas and power markets, including PJM, NYISO, MISO, the Southern Pool, and NEPOOL.[1]

In October 2010, he joined the Presidential Task Force on Power (PTFP), where he led the Regulatory and Transactions Monitoring Team supporting the privatization of Nigeria’s electricity sector. He worked with the Bureau of Public Enterprises (BPE) and the PTFP to establish Nigerian Bulk Electricity Trading Plc, a special purpose vehicle created to purchase electricity from generation companies and sell it to distribution companies.[1][3]

In August 2011, Wonodi was appointed by President Goodluck Ebele Jonathan as the inaugural managing director and chief executive officer of NBET. During his tenure, NBET negotiated Nigeria’s first greenfield power purchase agreement, which supported the development of the 450-megawatt Azura Independent Power Project.[4]

After leaving NBET, Wonodi founded ZKJ Energy Partners, an energy advisory, investment, and power development firm. He has also served on the advisory boards of PUTTRU and Geometric Power’s APL Electric Company Limited.[5][6][7][8]

References

  1. ^ a b c Udo, Bassey (7 June 2016). "Nigeria removes bulk electricity trading boss". Premium Times. Retrieved 13 January 2026.
  2. ^ a b "Wonodi, Pioneer MD Exits NBET as Tenue Expires – THISDAYLIVE". This Day. Retrieved 13 January 2026.
  3. ^ "Rumundaka Wonodi Managing Director/ CEO Nigerian Bulk Electricity Trading Plc. Nigeria" (PDF). The West Africa Power Industry Convention. November 2012. Retrieved 13 January 2026.
  4. ^ https://allafrica.com/stories/201601280723.html
  5. ^ Maduekwe, Monica (3 July 2020). "Rumundaka Wonodi, CEO, ZKJ Energy Partners - PUTTRU". puttru.com. Retrieved 13 January 2026.
  6. ^ Nigeria, Guardian (6 May 2022). "Nigerians pay more for 'darkness' as government hikes electricity tariff". The Guardian Nigeria News - Nigeria and World News. Retrieved 13 January 2026.
  7. ^ "NIGERIA: NIPP Asset Sales Won't Solve Sector Problems – Rumundaka Wonodi". The Electricity Hub. 6 May 2021. Retrieved 13 January 2026.
  8. ^ "Discos to pay full invoices with new tariffs - Wonodi". Nigeria Business News. 2 March 2016. Retrieved 13 January 2026.
This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.