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The Nigerian Electricity Regulatory Commission (NERC) has assumed direct control of Kaduna Electricity Distribution Plc (Kaduna DisCo), dissolving the utility’s board and stripping its core investor of management authority over a N456 billion debt.

NERC said in an order dated August 10 that Kaduna Electricity, known as Kaduna DisCo, is in a “grave situation” marked by prolonged default, weak commercial performance and a balance sheet where liabilities have outrun assets.

The regulator invoked its intervention powers under sections 75 to 79 of the Electricity Act 2023, the strongest tool available to it short of revoking the company’s license outright.

“The commission therefore is obliged to act in the public interest and to safeguard continuity of distribution services in KAEDC’s network area,” the order states, citing the risk that further delay could trigger an unplanned collapse of service and expose Nigeria’s electricity market to systemic risk.

Kaduna DisCo’s cumulative market debt had climbed to roughly N456.5 billion as of May, split between N415.5 billion owed to the Nigerian Bulk Electricity Trading Plc and N41 billion owed to the system operator, according to the order.

The utility has also built up N14.26 billion in other statutory and third-party obligations, and has racked up more than N118.6 billion in additional market debt since ASI Engineering Limited took over operations in June 2024.

Kaduna DisCo paid just 41.93 percent of its adjusted market invoices in the year through December, leaving a shortfall of about N46.71 billion, the regulator’s data show.

That underperformance tracked losses across the network; aggregate technical, commercial and collection losses averaged 71.88 percent for the year, meaning the utility billed for barely more than a quarter of the power it received.

Capital investment lagged even further behind commitments. Actual spending in 2025 came to about N2.48 billion against a required minimum of N24.51 billion, a shortfall the regulator pinned largely on the commission’s own forbearance rather than any acceleration by the investor.

Meter coverage, meanwhile, stayed below 36 percent of customers throughout the year despite repeated industry-wide pushes to close the metering gap.

NERC had conditionally cleared ASI’s plan to acquire 60 percent of Kaduna DisCo in January 2024, working alongside a technical partner, Akanksha Power and Infrastructure Limited.

That approval carried a list of conditions, proof of the partner’s operating capacity, a compliance roadmap, bank guarantees to the market operator and trading company, and management vetting, among others, that the regulator said were never fully satisfied even after ASI assumed day-to-day control.

In a letter dated August 25, 2025, ASI told the commission it had met and was sustaining the approval conditions, pointing to restructured technical teams, loss-reduction and metering projects, and efforts to arrange equity and debt financing. Regulators found the supporting evidence insufficient. “The supporting submissions… did not provide adequate evidence of compliance with the conditions,” the order says, adding that documentation for planned infrastructure and technical-advisory work was missing.

Talks came to a head after the commission warned Kaduna DisCo’s shareholders and the Africa Export-Import Bank in a formal notice that an intervention was imminent unless a credible financial rescue plan materialised.

Representatives of the investor group met regulators, the Bureau of Public Enterprises, Afrexim and Fidelity Bank at Afrexim’s offices on June 11. All parties agreed at that meeting that ASI had not met the original takeover conditions or separate requirements set by the Bureau of Public Enterprises for finalising the share sale.

ASI asked for as much as 24 months more to stabilise cash flow and reach full market remittance. The commission, working with the Bureau of Public Enterprises and Afrexim, rejected the request, concluding that a further extension of similar length was not justified given the continuing risk to customers and the market, and that ASI had failed to back the request with a credible plan.

Under the order, KAEDC’s board is dissolved and its directors removed, with a seven-member interim board of special directors, chaired by Abdullahi Garba and including a representative from the Bureau of Public Enterprises, installed for an initial six-month term.

The utility’s incumbent managing director, Abubakar Umar Hashidu, has been retained as administrator to run day-to-day operations, while background-clearance approvals for the wider management team have been withdrawn pending revalidation.

Afrexim will lead a competitive process, coordinated with the regulator, to find a replacement core investor within 12 months, with interim milestones for transaction documents, bidder shortlists and financing terms due at 60, 180 and 270 days. Prospective bidders will need to show working capital, a five-year turnaround plan and bank guarantees covering at least three months of market invoices.

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The United States Mission in Nigeria has clarified that the ongoing realignment of routine visa processing in Africa will not affect the operational status of the US Embassy in Abuja.

The clarification followed the United States Department of State’s announcement that routine visa services in Abuja would be realigned to a regional visa hub with effect from August 1, 2026.

The US Mission Nigeria, in a post on its official X handle on Monday, said the change was limited to routine visa processing and would not result in the closure of the embassy.

“The realignment of routine visa processing does not change the operating status of any of the embassies and consulates or the important work they continue to conduct on behalf of the American people,” the mission said.

The Department of State had, in a notice published on its website on July 15, said it was realigning visa operations in Africa to regional hubs as part of efforts to strengthen national security, improve efficiency and promote more uniform screening, vetting and adjudication standards.

It said the measure was part of a long-standing practice and that similar realignments had previously been implemented in several African countries and in Europe.

“Effective August 1, 2026, the Department of State will realign routine visa services in Antananarivo, Abuja, Asmara, Bamako, Banjul, Brazzaville, Bujumbura, Conakry, Cotonou, Durban, Freetown, Gaborone, Harare, Juba, Libreville, Lilongwe, Lusaka, Maputo, Maseru, Mbabane, N’Djamena, Niamey, Nouakchott, Ouagadougou, and Windhoek to a regional visa hub,” the department said.

Under the new arrangement, citizens and residents of affected countries seeking US visas on or after August 1 are required to schedule appointments and pay the applicable visa fees at designated nonimmigrant or immigrant visa locations.

For Nigeria, Lagos is listed among the US posts that will serve as a regional visa hub.

The State Department listed Abidjan, Accra, Addis Ababa, Cape Town, Dakar, Dar es Salaam, Djibouti, Johannesburg, Kampala, Kigali, Kinshasa, Lagos, Lomé, Luanda, Malabo, Monrovia, Nairobi, Port Louis, Praia and Yaoundé as the regional visa hubs for routine visa services.

It explained that all routine visa services were affected by the realignment, covering both nonimmigrant and immigrant visas.

“These include tourist and business-related nonimmigrant visas, as well as petition-based nonimmigrant visas,” the department said.

It added that immigrant visa services being realigned include immediate relative, family preference and employment-based categories, as well as fiancée/fiancé visas, adoptions, Diversity Visas and follow-to-join asylee and refugee cases.

The department, however, said the realignment would not affect existing valid visas.

“This does not affect any currently valid visas,” it said.

It also advised applicants who already have appointments scheduled at posts where routine visa services are being discontinued to check their email for specific guidance.

The department said applicants who had paid the Machine Readable Visa fee at a post where only limited nonimmigrant visa services would remain should schedule their appointment by July 31.

“By July 31, you should schedule an appointment at the post where you paid the fee,” it said.

The Mission added that the fees would not be refunded if applicants failed to schedule an appointment by the deadline.

The US also said affected immigrant visa applicants could undertake their mandatory medical examinations in their home countries where panel physicians were available or at their designated regional visa hubs.

The department stressed that visa suspensions under Presidential Proclamation 10998, visa bond requirements and immigrant visa pauses affecting certain nationalities remained in force.

The clarification by the US Mission Nigeria means that while routine visa processing is being moved from Abuja to the designated regional hub in Lagos, the US Embassy in Abuja will continue to operate and provide other diplomatic and consular functions.

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Former Senator Magnus Abe has publicly declared his support for President Ahmed Tinubu, the All Progressives Congress (APC) gubernatorial candidate in next year’s general election, Mr Kingsley Chinda and his political party.

Abe, who spoke at the leadership and stakeholders meeting of Ogoni indigenes at Bori at the weekend, noted that everybody has the right and freedom to associate, contest and support whosoever they want, but however warned that nobody has the right to run down anybody, irrespective of anything.

“In this politics, there are ways we have learnt that these things are done, we have learnt from experience, when you have experienced people in the family, if the first son has gone through something, the 2nd son goes through the same thing also the 3rd son, is that a wise family?, you must learn through the experience of your elders, if all of us go one way, we will get to nowhere.

“Everybody is free to contest and support whoever they want to support, but I, as a person, I know who I am supporting. I am supporting Tinubu, I am supporting Chinda, I am also supporting APC my party; that is my right. Other people are free to do the same, but we are not free to run other people down,” he insisted

He called for unity, strategy, planning, and peaceful political engagement among Ogoni stakeholders and the people for a better future.

Speaking earlier, the chairman of the Nigerian Upstream Regulatory Commission (NURC) also called on Ogoni leaders and Stakeholders to unite and harness the resources in the area to address the challenges of unemployment, poverty and hardship bedevilling the people.

He lauded the organisers of the meeting for bringing Ogoni people together, without waiting for any political bulldozer sort of or government authority.

He described the disagreement among Ogoni leaders as a strategy for failure.

“I want to tell us that progress, prosperity is not by accident; there is no society that you have gone to that has moved from point A to point B, and it just happened like that without planning, commitment, challenges, sacrifice, for people to move forward.

“Fighting, accusing yourselves, running yourselves down is a strategy for failure.

“Ogoni people need quality education, the kind of quality education that has made it possible for Senator Abe, whose father was a Pastor that was earning N94.00 a month, to stand before you today and stand before the whole of Nigeria.”

Speaking further, he noted that oil and gas deposits in Ogoniland are a major opportunity for economic development, and appealed to the youths and communities of Ogoni to stop fighting over oil and gas activities, pointing out that such division will only stall development in the area.

Proffering solutions to the challenges in the area, Abe said, “The solution to the numerous challenges of Ogon is to use what we have to develop what we want. What Ogoni is sitting on is oil and gas, and all of us have agreed that it is a God-sent opportunity to take Ogoniland out of poverty, but anytime we talk about oil and gas, youths begin to fight, communities begin to fight; if we keep fighting, how will we progress?

“My current position as the chairman of NURC is a unique opportunity for us to make best use of the time,” he noted.