EFCC Investigates Electricity Theft by Consumers

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  • EFCC Investigates Electricity Theft by Consumers

The Economic and Financial Crimes Commission has started investigating alleged collusion by some electricity consumers, power firms’ workers and meter manufacturers to steal electricity by bypassing the meter.

According to the Federal Ministry of Power, Works and Housing, the investigation by the EFCC is part of efforts aimed at curbing the incidence of energy theft in the Nigerian electricity supply industry.

It specifically said the anti-graft agency was carrying out the investigation in some of the areas covered by the Ibadan Electricity Distribution Company.

In a statement issued by the ministry on Sunday, it said, “Ibadan Electricity Distribution Company noted that collusion by some of its employees, customers and meter manufacturers to bypass meters has been reported to the EFCC and is under investigation.”

The ministry further observed that the Transmission Company of Nigeria had restored the Katampe 60MVA substation in Abuja and the 40 MVA mobile substation in Damboa, Borno State.

It said the Makeri to Pankshin 132kV line in Plateau and Okpella line in Edo State were both expected to be switched on in August 2017, adding that the installation of new circuit breaker in Egbin was scheduled for inauguration on May 19, 2017.

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years experience as a foreign exchange research analyst and trader.

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