Electricity

NERC dissolves Kaduna DisCo board over ₦456.5bn debt

The Nigerian Electricity Regulatory Commission has taken over Kaduna Electricity Distribution Company, dissolving its board of directors over a mounting debt crisis that has left the utility owing about N456.5 billion in cumulative market obligations. The regulator announced the intervention in a regulatory order issued on 10 August 2026, saying the decision was taken to […]