Home Business BEDC REPORTS OVER 2 BILLION NAIRA LOSS FOLLOWING TWO-DAY WORKERS’ STRIKE
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BEDC REPORTS OVER 2 BILLION NAIRA LOSS FOLLOWING TWO-DAY WORKERS’ STRIKE

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The management of Benin Electricity Distribution Company (BEDC) has reportedly put its financial losses at more than 2 billion naira following a two-day industrial action by its workers. The development highlights the potential economic consequences of labour disputes within Nigeria’s electricity distribution sector.

The strike disrupted normal operations at the company, raising concerns about the impact of industrial disagreements on electricity services, revenue collection and the day-to-day activities of the distribution network.

The industrial action, embarked upon by the National Union of Electricity Employees (NUEE), began in the early hours of October 19, 2026, after disagreements over workers’ welfare, salary adjustments and harmonisation of pay. The shutdown affected electricity distribution across BEDC’s franchise states of Edo, Delta, Ondo and Ekiti, leaving residents and businesses to contend with power outages.


BEDC’s Chief Commercial Officer, Akinleye Ogunleye, said management had been engaging with the union to resolve the outstanding issues, including through discussions on salary harmonisation. The company appealed to the workers to suspend the strike and allow electricity services to resume while negotiations continued, stressing that the blackout was also affecting households, hospitals, industries and public institutions.


The dispute has renewed attention on the need for a lasting resolution between electricity companies and their workforce to prevent prolonged disruptions to essential services. Meanwhile, customers across the affected states are awaiting the restoration of normal power supply as efforts continue to resolve the disagreement.

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