The Nigeria Vice President, Yemi Osinbajo disclosed yesterday that there will be tariff hike on electricity soon and also urged Nigerians to brace for a new regime.

He said this at the Sixth Presidential Business Forum held at the old Banquet Hall, Presidential Villa, Abuja.

The forum, which focused on agriculture and its value chains, had the Minister of Agriculture and Rural Development, Audu Ogbe; the Minister of Industry, Trade and Investment, Okechukwu Enelamah; officials of government agencies and stakeholders in the agriculture sector in attendance.

Prof Osinbajo said there is no question at all about the tariff increase, adding however, that government was not going to implement it now but was working towards cleaning the electricity value chain.

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