NERC Dissolves Board of Kaduna Disco Over N110bn Debt, Plans Sale

The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of directors of Kaduna Electricity Distribution Company (KAEDCO) due to the disco’s inability to settle a N110 billion debt owed to the Nigeria Electricity Supply Industry. NERC’s regulatory order, dated January 1, 2024, and signed by Chairman Sanusi Garba and Vice Chairman Musiliu Oseni, also … Continue reading NERC Dissolves Board of Kaduna Disco Over N110bn Debt, Plans Sale