BEDC, Edo Partner to Industrialise State


The Governor of Edo State, Mr. Godwin Obaseki, has promised to partner Benin Electricity Distribution Plc to industrialise the state and create jobs for its teeming unemployed youths.

The governor made the pledge during a courtesy visit by the Board and management of the BEDC, led by the company’s Chairman, Mr. Victor Osibodu, and the Managing Director/Chief Executive Officer, Mrs. Funke Osibodu, in Benin.
 A statement from the company quoted Obaseki as saying that the partnership with the BEDC, a service provider in the area of electricity, would assist his administration in optimising job creation potential.
He stated that the government would develop an industrial hub that would focus on agribusiness value chain, and provide about 10,000 jobs for the unemployed youths of Edo.

He urged the BEDC to key into the initiative through power supply synergy to facilitate the realisation of the objectives.

Obaseki reiterated his resolve to achieve economic prosperity for the state by attracting private capital into all state-owned enterprises and creating 200,000 new jobs in four years, describing the role of the BEDC as critical.

Earlier in her presentation during the visit, the Managing Director/CEO, BEDC, Mrs. Funke Osibodu, sought the partnership of the Edo State Government on power improvement and enumeration process.

Osibodu, who disclosed that about 50 per cent of energy supplied to customers in Edo State was not paid for, also sought for the government’s assistance in the criminalisation of energy theft and fast-tracking of the prosecution of offenders through the establishment of specialised courts for power sector offences.

According to the BEDC CEO, Edo State has the highest number of customers with prepaid meters in the country and enjoys an average of 12 hours power availability per day, one of the highest in the country.

“There is, however, high level of energy theft in the state – over 50 per cent of energy is not paid for,” she said.

Source: IWIN


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