NERC seizes control of Kaduna DisCo over N456.5 billion debt crisis
The Nigerian Electricity Regulatory Commission (NERC) has taken over Kaduna Electricity Distribution Company (KAEDC), dissolving its board of directors over a mounting debt crisis that has left the utility owing about N456.5 billion in cumulative market obligations. The post NERC seizes control of Kaduna DisCo over N456.5 billion debt crisis appeared first on Nairametrics .
We haven't written up this one. Nairametrics has the full story — the link below goes straight to it.
