NERC Dissolves Kaduna Electricity Distribution Company Board

On August 10, 2026, the Nigerian Electricity Regulatory Commission (NERC) announced the dissolution of the board of the Kaduna Electricity Distribution Company (KAEDC) through a regulatory order signed by Chairman Musliu Oseni and Commissioner for Legal, Licensing and Compliance Dafe Akpeneye. The dissolution was prompted by serious issues including prolonged regulatory and market defaults, inadequate investment, weak operational and commercial performance, and an inability to present a credible recovery plan.
NERC appointed a seven-member interim board consisting of 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. Additionally, Dr. Abubakar Umar Hashidu was appointed as Administrator for an initial term of six months, subject to review.
NERC has informed the Corporate Affairs Commission and other stakeholders of the board's dissolution, stating that no changes in the company's shareholding or directorship will be registered during the transition period without prior approval from the Commission.
Plus234Feed summary based on reporting from Daily Post. Read the original report below.
Read full article
Continue on Daily Post
Enjoy this article?
Get the weekly Nigerian roundup — top stories, NPFL, naira. One email, Sunday morning.
Related Stories

NERC Dissolves Kaduna Disco Board Over ₦456bn Debt

NERC Dismisses Kaduna DISCO Board Over N456.5bn Debt

NERC Dismisses Kaduna Disco Board Over N456.5bn Debt

NERC Transfers Electricity Oversight to Akwa Ibom Commission

Kaduna Government Inaugurates New Agency Governing Boards

Uba Sani Appoints New Commissioners in Kaduna State
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.









