Story thread · 6 reports / 4 sources

NERC sacks Kaduna DisCo board over N456bn debt, appoints administrator

vanguardngr.com · 15hShare

By Obas Esiedesa The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution Company (KAEDC) over what it described as grave financial, operational and regulatory failures, appointing the utility’s Managing Director/Chief Executive Officer, Dr. Abubakar Umar Hashidu, as administrator for an initial six-month period. The intervention, contained in Order No. NERC/2026/086, took […] The post NERC sacks Kaduna DisCo board over N456bn debt, appoints administrator appeared first on Vanguard News .

First report: NERC sacks Kaduna DisCo’s board over N456bn debt, appoints interim administrator — vanguardngr.com, 1d