NERC Dissolves Kaduna Electric Board Over N456.5bn Debt, Appoints Interim Management
The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution Plc (KAEDC) following what it described as severe financial and operational challenges confronting the electricity distribution company. The regulatory action is contained in Interim Order No. NERC/2026/086, issued pursuant to Sections 75–79 of the Electricity Act 2023. The order takes effect…
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