Eko Distribution Company loses N1b to energy theft

Eko Electricity Distribution Company Plc (EKEDC) has lost over N1billion to various forms of energy theft, including meter bye-pass by customers and equipment vandalism in the past three years, its Chief Operating Officer (COO), Mr. Sam Nwaire has said.

Nwaire, who represented the Chief Executive Officer, Dr Oladele Amoda spoke on the prevailing poor power supply at a town hall meeting and stakeholder forum in  Mushin, Lagos.

He promised customers that the power utility firm would improve electricity supply, promising that whatever the firms got from the Transmission Company of Nigeria (TCN) would be fairly distributed. He appealed to customers for the unstable power supply.

He said: “We all know what Nigeria is going through today; the challenge is everywhere. I know how you people feel and I want to tell you also that we are not also happy with power situation but I want to assure you that we are doing all we can under the law to improve power supply to our customers.

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