Monday, May 17African Business News
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Tag: Mr. Kuti Towase Oluwasegunota

Ondo Begins Moves To Break BEDC Monopoly

Ondo Begins Moves To Break BEDC Monopoly

Power
Ondo State Government has begun move to break monopoly of the Transmission Company of Nigeria and the Benin Electricity Distribution Company (BEDC) in power generation and distribution in the state. The move is to ensure electricity gets to many communities in the state that are yet to be connected to national grid system. It has proposed a new electricity bill to Ondo State House of Assembly to repeal the old Ondo State Electricity Board law. The new electricity bill was to provide enabling laws to guarantee private sector participation in power generation, transmission and distribution in the state as well as provide legal framework for investors to participate in electricity provisions in areas not covered by the national grid system in Ondo State. Speaking at the public hea...