Oredola Adeola
The new management of Kaduna Electric has approved 10 percent staff’s salary increase across all categories, effective this February 2024, as part of efforts to improve overall performance and address the impact of rising living costs in the country.
Dr. Umar Hashidu, Chief Executive Officer, Kaduna Electric, made this known in a statement obtained by Advisors Reports on Wednesday, on the sideline recent meeting with the management team.
According to the DisCo, the salary adjustment comes as a strategic response to the imperative of motivating the staff, aimed at elevating the company’s overall performance despite the considerable challenges it currently faces.
Dr. Hashidu underscored that the decision also addresses the prevalent cost of living crisis in the country.
Furthermore, Dr. Hashidu emphasized the Board and Management’s conviction that this salary increment will serve as a catalyst, inspiring staff to redouble their efforts to navigate the company through its current challenges.
He reiterated the Board’s unwavering commitment to prioritizing staff welfare as highlighted by the Board’s Chairperson, Ms. Rahila Thomas, when she led other Board members on a visit to the company recently.
He further hinted that the initial salary adjustment is part of a broader initiative.
Dr. Hashidu also acknowledged the precarious state of the Nigerian Electricity Supply Industry (NESI), describing it as being on life support.
Notably, Kaduna Electric faces challenges in meeting market obligations and has shown a lackluster performance in compliance with NERC performance indices.
Despite these challenges, Dr. Hashidu expressed confidence that the issues confronting Kaduna Electric are surmountable with collective effort.
He urged all staff members to approach their duties with diligence, citing the positive growth trajectory observed in energy sales during January as a promising indicator.
Dr. Hashidu encouraged staff to maintain this momentum until the company achieves a positive turnaround.
