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A new report made public by the management of Eko Electricity Distribution Company (EKEDC), has shown that power theft is more in areas presumed to be occupied by rich men and women after all.
Making the revelation during a recent Customers Engagement Town Hall Meeting with electricity consumers in the Lekki area of Lagos, the Chief Executive Officer and Managing Director, Mr Adeoye Fadeyibi said the company was recording huge revenue losses in Lekki due to meter bypass which is a form of energy theft.
He disclosed that only 11,000 out of 30,000 electricity consumers recharge their prepaid meters monthly, but all residential and industrial outlet there have electricity at all times”.
He said “When you look at the other 19,000 customers not vending, this has resulted into loss of revenue to the company which has affected our operations”.
He was however quick to hint that “the company was working hard to reveal the identity of those that were not recharging their meters”.
On the pains of customers on estimated billing, Fadeyibi urged them to wait patiently for the commencement of the operations of Meter Access Providers (MAPs).