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N93.4bn Debt: NERC Dissolves Kaduna Electric Board, Appoints New Management - Vimarsana News

N93.4bn Debt: NERC Dissolves Kaduna Electric Board, Appoints New Management

The Nigerian Electricity Regulatory Commission (NERC) has taken regulatory action against Kaduna Electricity Distribution Company (Kaduna Electric) following

NERC dissolves Kaduna Disco board over N110bn debt - Vimarsana News

NERC dissolves Kaduna Disco board over N110bn debt

The Nigerian Electricity Regulatory Commission, on Monday, announced the dissolution of the board of directors of Kaduna Electricity Distribution Company over the Disco's inability to pay N110bn debt owed to the Nigeria Electricity Supply Industry.

NERC sacks all directors in Kaduna Electric - Vimarsana News

NERC sacks all directors in Kaduna Electric

Yusuf Yahaya, the managing director and the chief executive officer of Kaduna Electric, had recently resigned from the company.

NERC dissolves board of Kaduna Electricity Distribution Coy - Vimarsana News

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,

IBEDC confirms N50m monthly loss to vandals - Vimarsana News

IBEDC confirms N50m monthly loss to vandals

Ibadan Electricity Distribution Company has confirmed a monthly loss of N50m to electricity cable theft. Attributing the monthly loss to the activities of