NERC gives Kaduna DisCo interim board one year to turn around utility

The Nigerian Electricity Regulatory Commission (NERC) has fixed the recently constituted interim committee of Kaduna Electricity Distribution Plc (KAEDC) 1 twelvemonth to overhaul the inferior and instrumentality it to a sustainable maturation path, with precocious method and commercialized losses and a ample metering spread identified arsenic contiguous priorities.

The directive came arsenic the regulator intensified its involution successful KAEDC, pursuing repeated failures to conscionable marketplace obligations and prescribed show benchmarks.

The NERC chairman, Musiliu Oseni, gave the complaint successful a connection issued by the committee and posted connected its authoritative X grip connected Tuesday portion addressing members of the recently constituted Interim Board of Special Directors and the Interim Administrator of KAEDC.

The connection read, “The Nigerian Electricity Regulatory Commission has tasked the recently constituted Interim Board of Special Directors of Kaduna Electricity Distribution Plc with implementing contiguous interventions to reset the inferior institution and reconstruct it to a sustainable maturation trajectory wrong 12 months.”

Oseni said the committee was expected to statesman delivering measurable improvements immediately, recalling that the committee had carried retired a akin involution successful 2024 which importantly improved the DisCo’s show earlier its erstwhile investors returned to control.

“We expect a batch from you, ...