NERC Dissolves Kaduna Disco Board Over N456bn Market Debt
The Nigerian Electricity Regulatory Commission dissolved the board of Kaduna Electricity Distribution Plc on August 10, 2026, citing a cumulative market debt of N456.5 billion and operational shortfalls. The board dissolution, announced under Order No. NERC/2026/086, marks a severe regulatory intervention in Nigeria’s privatized power sector. The order took effect on Monday, August 10, 2026, … Read more