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Home»Business»Electricity Distribution firm loses over N1.2b to vandalism, cable theft in 2022
Business

Electricity Distribution firm loses over N1.2b to vandalism, cable theft in 2022

Hassan MuazBy Hassan MuazNovember 30, 2022No Comments
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Eko Electricity Distribution Company says it has lost over N1.2 billion of its assets and electrical installations to vandalism alone in 2022.

Godwin Idemudia, General Manager, Corporate Communications, said this in an interview with the News Agency of Nigeria.

Idemudia, who spoke in Lagos on Tuesday, said this against the backdrop of frequent cases of vandalism recorded by the company on its network in spite of the campaign against it.

He said vandalism was posing a serious threat to its distribution infrastructure, especially electricity cables.

He said: “Today, I want to bring to the attention of the public: the spate of vandalism within our network is alarming and condemnable.

“These cases of vandalism have contributed in no small measure to prolonged outages in our network, leading to disruptions of many businesses, maiming/injury, and loss of lives, particularly of innocent and unsuspecting members of the public.

“We have witnessed series of incidents, and from our estimate, we have lost about N1.2 billion in 2022 alone to theft of underground armoured cables that are resold in the black market.

“Eko DisCo’s operations are carried out only by our authorised staff and operatives who can be easily identified with the EKEDC branded coveralls and jackets.”

Idemudia, therefore, called on customers, security agencies, media and public to be vigilant and assist in the fight against vandalism on the company’s network to put an end to the incessant acts of vandalism.

He appealed to the public to report shady deals or any person(s) posing as staff of Eko Disco to security agencies or contact the company through its various whistleblower channels.

“These challenges have adversely affected the supply of power to our customers,” he said.

On pre-paid meter, Idemudia said over 20,000 customers had keyed into the Meter Asset Provider scheme since it started in May.

He said the company had concluded training of all Eko DisCo field representatives to enable them spot cases of meter bypass easily.

“Any one caught bye-passing meters will be dealt with to the full extent of the law. Customers are encouraged to visit our district offices to key into a flexible payment plan,” he said.

On buying of transformer by community, Idemudia said: “We do not encourage communities to buy materials in any form or kind.

“If the customer wishes to support our endeavours, we only ask that such materials be donated to the company.

“For communities that are not paying bills, it becomes difficult to energise them.”

The EKEDC spokesman assured customers across the network of the company’s commitment to hitch-free and stable services during the yuletide season.

He said: “We understand that there will be greater demand for power during this season and we are committed to meeting the demand of our customers.

“Our digital and electronic platforms will also be available for customer complaints, escalation and resolution.

“Measures have been put in place to ensure network stability and smooth operation during the holidays.”

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