The Ibadan Electricity Distribution Company, IBEDC has doubled up on its efforts in apprehended defaulters, after recording thousands of energy fraud.
The company noted that it lost hundred of millions of naira to case of energy theft across it’s network due to meter bypassing and tampering between January and October.
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The statement read,
“Energy theft is a significant challenge that impacts our ability to provide reliable service to our customers. We are intensifying our efforts through partnerships like this to ensure that those who engage in such practices face the full force of the law.
Between January and October 2024, IBEDC recorded over 8,000 cases of energy theft, including meter bypass and illegal meter tampering, resulting in financial losses totalling hundreds of millions of naira.”
IBEDC urged customers to refrain from any form of energy theft, warning of the severe penalties, including imprisonment, as stipulated in the Electricity Act.
The company assured customers that SIPETO patrols are active and vigilant, investigating reported cases thoroughly.
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