The Ekiti State Government has urged the Benin Electricity Distribution Company (BEDC), through its subsidiary, Benin Electricity Ekiti Limited (BEEL), to open up its operations to private investors to enhance electricity generation and improve power supply across the state.
The call was made by the State Commissioner for Infrastructure and Public Utilities, Prof. Mobolaji Aluko, during a meeting with officials of the Ekiti State Electricity Regulatory Bureau and BEEL in Ado-Ekiti.
Aluko said increased private sector participation in the power sector would boost electricity generation, improve service delivery and support the state’s drive toward sustainable infrastructure development.
He recalled that the Ekiti State Government had commenced regulation of the state’s unbundled multi-tier electricity market, aimed at expanding energy access to unserved and underserved communities.
The Commissioner urged BEEL and interested investors to collaborate by leveraging existing network infrastructure to improve electricity generation and distribution in the state.
According to him, economic growth at both state and national levels depends largely on adequate and reliable electricity supply, noting that critical sectors such as water supply and sanitation rely heavily on stable power, particularly for water pumping, in addition to residential, industrial, commercial and institutional needs.
Also speaking, the Permanent Secretary, Ministry of Infrastructure and Public Utilities, Engr. Toyin Ojelabi-Pedro, referred to earlier discussions on the Egbe Dam and stressed the need for adequate power supply to enable the facility function optimally in providing water to residents.
In his remarks, the Executive Secretary of the Ekiti State Electricity Regulatory Bureau, Engr. Samson Dare David, urged BEEL officials to maintain regular engagement with the bureau and access relevant regulatory information to ensure the smooth operation and growth of the state’s electricity market.
Responding, the Chief Executive Officer of Benin Electricity Ekiti Limited, Mr. Victor Olowe, said efforts were ongoing to resolve the power challenges affecting the Egbe Dam.
He also assured of the company’s commitment to improved information sharing and collaboration with the state government and other stakeholders to enhance customer satisfaction and electricity supply across Ekiti State.