JUST IN: NERC dissolves Kaduna Disco board over N456bn debt

The Nigerian Electricity Regulatory Commission (NERC) has dissolved the Kaduna Disco board due to N456.5bn debt and operational failures. Find out more.

The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution Company (KAEDC) and appointed its Managing Director/Chief Executive Officer, Dr. Abubakar Umar Hashidu, as administrator for an initial six-month period, citing severe financial, operational and regulatory f