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Estimated Billings: BEDC Orders for 175,000 Prepaid Metres

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By Dipo Olowookere

In order to address and put a stop to estimated billings in Edo, Delta, Ondo and Ekiti States, the management of Benin Electricity Distribution Company (BEDC) has ordered for about 175,000 prepaid metres.

Speaking at a media parley over the weekend, Managing Director of the electricity company, Mrs Funke Osibodu, stated that BEDC was committed to delivering better services to its numerous customers.

The BEDC chief informed newsmen that more than 35,000 meters are presently in the firm’s warehouse, awaiting supply to the consumers in the four states, where it operates.

She explained that within nearly five years of operations of the privatisation, the management has put in place structures, processes, and infrastructure to lay the foundation for an efficient organisation.

Sounding upbeat, Mrs Osibodu added that the electricity company has invested heavily in manpower workforce with the recruitment of over 1,400 new staff which were trained along with over 5,700 participants.

Mrs Osibodu appealled for patience as the company was poised to serve consumers better, noting that inadequate supply from the Transmission Company of Nigeria (TCN) was a major constraint and has resulted in over 2,000 outrages, since the beginning of the year.

According to her, the recent protest by some youths in Ondo south over outages was largely due to TCN constraint in Okitipupa which made it very difficult to serve the customers in the area.

As a way out, she disclosed that BEDC was determined to reduce dependency for power supply through only a single source by signing Memorandum of Understanding (MoU) with other grid potential suppliers totalling 120 MW of power in Edo and Delta states with another 50 MW in Delta at an advanced discussion.

She disclosed that based on the recent publication by the National Bureau of Statistics (NBS), BEDC was adjudged to have the highest number of metres among all the Distribution Companies (DISCOs) in the country.

“We are pleased to announce that based on the recent publication of by the National Bureau of Statistics, BEDC is adjudged to have the highest number of metres among all the distribution companies. We continue to be relentless in metering our customers in Edo, Delta, Ondo and Ekiti states,” she said.

Mrs Osibodu remarked that in the area of addressing customers’ complaints, the company has succeeded in launching the automation of bill estimation resolution process which aims to reduce the delay in resolution of bill estimation complaints by creating a more seamless and transparent of solving such problems.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Dangote Unveils Phone Number to Report MRS Stations Selling PMS Above N739

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By Modupe Gbadeyanka

A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.

The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.

This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.

“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.

“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.

The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.

Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.

By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.

The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.

“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.

Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.

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ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation

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ANLCA Airport Chapter

By Bon Peters

The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.

At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.

At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.

“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.

He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.

The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating  trade and increasing Revenue generation.”

“I remember I told her she was a mother during her maiden visit to the airport.

“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.

“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.

Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.

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FG Declares Holidays for Christmas, New Year Celebrations

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By Adedapo Adesanya

The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.

The government also declared Thursday, January 1, 2026, for the New Year celebration.

The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.

According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.

Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.

He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.

Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.

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