BEDC

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Poor Supply Weakens Payment Appetite – BEDC Laments Revenue Losses Amid National Grid Drop

Felix Ifijeh, THEWILL -
March 06, (THEWILL) — ​ The management of the Benin Electricity Distribution Company (BEDC) Plc has raised alarm over declining electricity generation from Nigeria’s national grid, warning that the persistent power shortfall is affecting operations, customer satisfaction, and revenue...
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Gunmen Abduct BEDC Driver In Ondo, Demand N10m

Aina Ojonugwa, THEWILL -
November 11, (THEWILL) - Gunmen, suspected to be kidnappers, have abducted a driver working with the Benin Electricity Distribution Company (BEDC), Seun Emmanuel. Emmanuel was abducted on Tuesday, on Owo-Ifon Road in Ondo State while on an official assignment to...
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BusinessOgochukwu Onwaeze, THEWILL -

FG Raises N1.23tn in Fresh Push to Clear Verified GenCo Debt 

The Federal Government has raised N1.23tn through two bond issuances under its Presidential Power Sector Debt Reduction Programme as it moves to settle verified legacy obligations owed to electricity Generation Companies (GenCos).
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