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N110bn Debt: NERC Dissolves KAEDC Board Of Directors

January 09, (THEWILL) - The Nigerian Electricity Regulatory Commission (NERC) has dissolved the Board of Directors of Kaduna Electricity Distribution Company (KAEDC). The Commission, in a statement jointly signed by its Chairman, Sanusi Garba and Vice Chairman, Musiliu Oseni, said the dissolution followed KAEDCs inability to pay N110 billion debt owed to the Nigerian Electricity
Sanusi Garba Kabir Adamu John Ayodele Yusuf Yahaya Rahila Thomas Musiliu Oseni

NERC dissolves board of Kaduna Electric over N110bn debt

The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of directors for Kaduna Electricity Distribution Company (KAEDC) over its inability to pay N110bn debt owed to the Nigerian Electricity Supply Industry (NESI). NERC in an order dated January 1, 2024 and signed by its Chairman and Vice Chairman, Sabusi…
Umar Abubakar Hashidu Sharfuddeen Zubair Mahmoud Sabusi Garba Alexa Okoh Yusuf Yahaya Rahila Thomas

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NERC dissolves board of Kaduna Electricity Distribution Coy

The Nigerian Electricity Regulatory Commission (NERC), on Monday dissolved the Board of Directors of Kaduna Electricity Distribution Company (KAEDC). The dissolution followed KAEDC inability to pay N110 billion debt owed the Nigerian Electricity Supply Industry (NESI) The Commission said this in a document jointly signed by its Chairman, Sanusi Garba and Vice Chairman, Musiliu Oseni,
Yusuf Yahaya Musiliu Oseni John Ayodele Sanusi Garba Sharfuddeen Mahmoud Kabir Adamu

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