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Our licence not withdrawn, says BEDC

Benin Electricity Distribution Company (BEDC) has dismissed social media reports alleging withdrawal of its licence by the Bureau of Public Enterprise (BPE).

Benin Electricity Distribution Company (BEDC) has dismissed social media reports alleging withdrawal of its licence by the Bureau of Public Enterprise (BPE).

It declared that its operational licence has 15 years lifespan and renewable after 10 years. In a statement by its Head of Communications, Tayo Adekunle, the company chided a rights group that asked customers “not to pay for electricity based on the fake news.”

He slammed members of Edo State Civil Society Organisation for allegedly posting the report on its social media handle.“Please, recall that the director-general of BPE, the federal government agency that midwifed the privatisation exercise, at a press briefing in Benin City last month, declared that there was no ongoing licence renewal for BEDC or any of the other 10 distribution companies.“Indeed, the licence issued to BEDC and the other discos is 15 years, with a renewal option of another 10 years, after the expiry of same.”
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