BREAKING: NERC dissolves Kaduna Electricity Distribution Company board, names interim directors

1 hour ago 3

The Nigerian Electricity Regulatory Commission, NERC, has dissolved the Board of Kaduna Electricity Distribution Company, KAEDC.

NERC disclosed this successful a regulatory bid dated August 10, 2026, signed by its Chairman, Musliu Oseni, and Commissioner for Legal, Licensing and Compliance, Dafe Akpeneye.

It truthful appointed an interim peculiar seven-member committee comprising Dr. Abdullahi Garba, Engr. Francis U. Agoha, Mr. Aliyu E. Aliyu, Major General Henry E. Ayamasaowei (rtd.), Dr. Haliru Dikko, Mr. Ayodeji A. Gbeleyi (representing the Bureau of Public Enterprises), and Dr. Abubakar Umar Hashidu.

NERC besides said the incumbent Managing Director/Chief Executive Officer, Dr. Abubakar Umar Hashidu, has been appointed arsenic Administrator for an archetypal word of six months, taxable to reappraisal by the Commission.

The regulator said the dissolution of Kaduna DisCo’s committee became indispensable owed to the sedate concern characterised by prolonged regulatory and marketplace defaults, inadequate investment, anemic operational and commercialized performance, insufficient assets comparative to liabilities, and the inability to contiguous a credible pathway to sustainable recovery.

“KAEDC’s committee of directors is HEREBY DISSOLVED. All directors of KAEDC are removed from office, and the existing committee stands dissolved pursuant to Section 75 of the EA.

“The Commission h...

Read Entire Article