By Lateef Ibrahim
The Federal government has raised the alarm over the loss of an estimated N120 billion in a single year to energy theft and meter tampering in the country.
The Minister of Power, Joseph Tegbe raised the alarm at the weekend while meeting with industrial operators on the corridor, where he reaffirmed government’s commitment to steady power supply under the Renewed Hope Agenda of President Bola Ahmed Tinubu.
Consequently, Tegbe issued a stern warning against energy theft and meter tampering, directing all stakeholders to work together on a transparent, science-based investigation to trace power losses on the 132kV Ikorodu–Sagamu corridor.
The warning followed the alarming losses on the corridor, up to 100MW unaccounted for, costing N120 billion in a single year, according to monitoring data from the Nigerian Independent System Operator (NISO).
The Minister has, thus, made it abundantly clear that the government will no longer tolerate such losses.
This followed the alarming losses on the corridor, up to 100MW unaccounted for, costing an estimated N120 billion in a single year, according to monitoring data from the Nigerian Independent System Operator (NISO).
The Minister spoke while meeting industrial operators on the corridor, where he reaffirmed government’s commitment to steady power supply under the President Tinubu’s Renewed Hope agenda.
He was joined by NISO’s MD/CEO and Executive Directors, TCN representatives, and the MDs of Ibadan Electricity Distribution Company and Ikeja Electric.
The Minister has thus issued a stern warning against energy theft and meter tampering, directing all stakeholders to work together on a transparent, science-based investigation to trace power losses on the 132kV Ikorodu–Sagamu corridor.
Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.
