• Super Admin
• 06 Mar, 2026

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 collection. The company's Chief Commercial Officer, Ogunleye Akinleye, told journalists on Friday in Benin that electricity generation had dropped to about 3,940 megawatts, significantly reducing power supply across the country, including areas under BEDC's franchise. Akinleye explained that inadequate electricity supply has weakened customers' willingness to pay for power, particularly among post-paid users. "When customers do not receive adequate power supply, their payment appetite declines, and this has a direct negative impact on post-paid collections", he said, adding that prepaid customers are also affected, with reduced electricity purchases resulting in poor revenue collection for the company. The BEDC official noted that the decline in revenue has limited the company's ability to meet its obligations within the Nigerian electricity supply chain. "The poor revenue collection has affected our ability to meet our market obligations, which ultimately impacts our access to full operational expenditure", he said. Expressing concern over the persistent drop in power generation, Akinleye described the situation as a major challenge for the sector. Akinleye appealed to customers in BEDC's franchise states of Edo, Delta, Ondo, and Ekiti to remain patient and continue supporting the company. He also assured the public that the federal government and other stakeholders in the electricity sector are actively working to address the challenges affecting power generation and distribution in the country. Source: https://thewillnews.com/poor-supply-weakens-payment-appetite-bedc-laments-revenue-losses-amid-national-grid-drop/