• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Monday, May 19
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Energy»Power»Eko Disco Imposes N1Mn Fine On Energy Thieves As It Loses N1Bn To Vandalisation
Power

Eko Disco Imposes N1Mn Fine On Energy Thieves As It Loses N1Bn To Vandalisation

By Orientalnews StaffApril 9, 2018No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Image result for The management of  Eko Electricity Distribution Company  Plc (EKEDC)

Yemisi Izuora 

The management of  Eko Electricity Distribution Company  Plc (EKEDC)  has issued a warning to customers who tamper with pre-paid meters, advised customers to desist or prepare to face the consequences.

Mr Adeoye Fadeyibi, the Chief Executive Officer of the company, gave the warning at a customer’s consultative town hall meeting in Badagry, Lagos at the weekend.

Fadeyibi, who was represented by Mr Joseph Esenwa, the Chief Finance Officer of the company, decried the high rate of energy theft and non-payment of bills by customers within the network.

He said that the town hall became necessary to intimate customers within the Badagry network on the high rate of energy theft and equipments vandalism perpetuated by some customers in the communities.

The EKEDC helmsman said that the measure became necessary against the backdrop of over a billion naira lost to various forms of energy theft and vandalism in the zone.

According to him, any act of infraction will be met with a stiff penalty. Enough is enough; Eko Disco will no longer tolerate this act of illegal tampering of our equipment and electrical installations. 

“Tampering with Eko Disco meters, installations, distribution lines, equipment or assault on any field worker will attract a jail term.

“The management of EKEDC will no longer handle these actions with kid gloves; this is no empty threat. If you disregard this warning, you do so at your own risk,” he said

The EKEDC boss said that it cost the company huge amount to replace vandalised equipment and damaged meters by customers in a bid to bypass the meters.

According to him, a task force has been set up to inspect houses of consumers and impose a penalty of one million naira on anyone caught in energy theft.

“The company will not hesitate to offer to pay anyone who reports energy theft by some unscrupulous elements 10 per cent of the money recovered from such thefts.

Fadeyibi said that the company would henceforth commence effective prosecution of energy theft suspects and also publish their names in the national dailies.

“We appeal to our customers to avoid engaging in bye-passing the meters because it’s criminal and punishable under Electricity Regulation Code of Conduct Act.

“l  advised customers to exercise little patience with EKEDC as we promise to address all the issues regarding billings , metering and other challenges.

On pre-paid meters, the CEO urged customers to exercise patience, adding that the newly introduced Metering Assets Providers by the Nigerian Electricity Regulatory Commission (NERC) would address metering challenges when it finally kicks stat.

 He called on members of the public and its customers to be vigilant and report any act of sabotage to the nearest law enforcement agencies or call EKEDC Customers Care Centre on 07080655555.

Similarly, the Oloto of Oto-Awori kingdom, Oba Josiah Ilemobade-Aina, condemned  energy theft and vandalisation of power equipment by those he described as criminal elements within the communities.

Ilemobade-Aina, who is also the Kuyamiku 1of Oto-Awori said that perpetrators of vandalism and energy theft are enemies of the society and all well-meaning people should join hands to stop them.

The monarch said that since improvement in power supply would trigger socio-economic development and create jobs for more people, protection of power equipment should be the concern of all lovers of development.

He, however urged EKEDC to address all issued raised by customers on estimated billing, overbilling and lack of meters, while appealing to the company to engage in publicity on the need to desists from energt theft.

The traditional ruler however advised Eko Electricity Distribution Company to look within and fish out bad eggs within its fold who, he said, were in the habit of colluding with people to engage in illegal connection and other vices against the company. 

Share this:

  • Share
  • Email
  • Tweet
  • Reddit
cover
Orientalnews Staff

Related Posts

Mantrac Nigeria Showcases New Technology In Power Generation 

May 17, 2025

Manufacturing Sector In Kano Enjoying Low Electricity Tariff- KEDCO

May 16, 2025

Nigerians Can’t Afford Another Electricity Tariff Hike

May 13, 2025

Leave A Reply Cancel Reply

The latest
  • INEC Publishes Personal Data Of Guber Candidates For Anambra 2025 
  • Cadbury Nigeria Reports N5.98Bn Profit In Q1, 2025
  • Why the TSA Still Matters in Strengthening Nigeria’s Public Finance
  •  Lagos Government Remembers Late Deputy Chief Of Staff A Year After
  • AMCON Tightens Debt Recovery Plan 
  • BudgIT Raises Questions About Nigeria’s 2025 Budget Implementation 
  • Significant Oil Production Delivers $1.116Bn In Revenue For Seplat Energy In 2024 
  • Nigeria’s Oil Sector Presents Opportunities For Growth In The Face Of Economic Headwinds- Oyebanji
  • Mantrac Nigeria Showcases New Technology In Power Generation 
  • Nigeria Boosts Air Defense System With New Helicopters 
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2025 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.