News

Kaduna DisCo Increases Employee Salaries Despite ₦110bn Debt Burden

Amidst a staggering ₦110bn debt and numerous operational hurdles, Kaduna Electricity Distribution Company (DisCo) has taken a notable step by announcing a 10% increase in employee salaries.

This decision, spearheaded by Umar Hashidu, the appointed administrator following the dissolution of the board by the Nigerian Electricity Regulatory Commission, aims to bolster staff morale and enhance overall company performance.

Despite facing challenges in meeting market obligations and complying with regulatory standards, Hashidu remains optimistic, urging employees to redouble their efforts.

This move, amidst the country’s prevailing economic crisis, underscores the company’s commitment to its workforce and navigating through the current industry challenges.

The Spectacles

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