
Nigerian Electricity Regulator Dissolves Kaduna Disco Board Over N456bn Debt
The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution Company (KAEDC) due to N456.5 billion in debt and operational failures, appointing an interim administrator.
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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. Read More: https://punchng.com/just-in-nerc-dissolves-kaduna-disco-board-over-n456bn-debt/
By Punch Newspapers
Read full article →NERC sacks Kaduna DisCo’s board over N456bn debt, appoints interim administrator
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 failures. The post NERC sacks Kaduna DisCo’s board over N456bn debt, appoints interim administrator appeared first on Vanguard News.
By Henry Oduah
Read full article →Coverage Timeline
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