Tag: electricity tariff

Proton Energy CEO on Nigeria’s social contract & how to address electricity tariff challenges

The Nigeria labour has threatened to strike over tariff hikes one of which is the increment in electricity bills which kicked off on the first of this month. Since its commencement, various Nigerian regulatory arm has rolled out measures to monitor electricity distributors and also ring-fence their collections and remittances. Joining CNBC Africa’s Kenneth Igbomor for this conversation is Oti Ikomi, Executive Vice Chairman and CEO of Proton Energy.

Nigeria’s new electricity tariff regime begins in July

The scheduled increment of electricity tariff in Nigeria will begin from July this year according to the Minister of Power, Sale Mamman who has also noted that the COVID-19 outbreak has impacted plans to reposition Nigeria’s electricity market. Oti Ikomi, CEO and Executive Vice-Chairman of Proton Energy joins CNBC Africa for more.