Browsing Tag
Kaduna Electric
3 posts
NERC Replaces Kaduna DisCo Board Following N456 Billion Debt Crisis
NERC has dissolved the Kaduna Electricity Distribution Company board and appointed an administrator due to a massive N456 billion debt and failing operational standards.
NERC Removes Kaduna Disco Board Amid N456bn Debt Crisis
NERC has dissolved the Kaduna Electricity Distribution Plc board due to a N456.5 billion debt and persistent operational failure, appointing an interim board to oversee the transition.
NERC Removes Kaduna DisCo Board Over N456bn Debt and Names Administrator
NERC has dissolved the board of the Kaduna Electricity Distribution Company due to a N456 billion debt burden and poor performance, appointing an administrator to manage the utility for six months.