Amid an approximately N456.5 billion cumulative market obligations and persistent financial and operational failures, the Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution Company Plc (KAEDC) and commenced a process for a replacement core investor. The NERC intervention comes as its latest performance data also show that all 11 distribution companies (DisCos) failed to meet their Aggregate Technical, Commercial and Collection (ATC&C) loss targets in the first quarter of 2026.........................….......READ MORE