x

Kogi Electricity Distribution Records ₦5 Billion Losses in First Half of 2025 — Agunpopo

By Noah Ocheni, Lokoja

The Acting Managing Director of Kogi Electricity Distribution Limited (KEDL), Engr. Olaseni Agunpopo, has disclosed that the company recorded losses amounting to ₦5 billion in the first half of 2025.

He explained that the loss comprised ₦1.3 billion from energy theft and ₦3.6 billion from electricity collection shortfalls due to consumers underpaying their bills.

Engr. Agunpopo made the disclosure during a town hall meeting with consumers, traditional leaders, and other stakeholders organized by KEDL in Lokoja. He described the situation as a major threat to power supply and sustainability in the state.

According to him, the losses were largely due to meter bypassing, tampering, and illegal connections by some consumers, resulting in huge financial setbacks and operational challenges.

“This menace has continued to undermine our efforts toward ensuring reliable and sustainable electricity supply. It leads to revenue losses, destruction of vital infrastructure, risks to human life, and places an unfair burden on our honest and law-abiding customers,” he said.

He commended the Kogi State Government and the Kogi State Electricity Regulatory Commission (KERC) for establishing a Special Task Force on Energy Theft and Related Offences, describing it as a bold and commendable step toward sanitizing the electricity sector.

“This initiative underscores the Commission’s unwavering commitment to promoting transparency and safeguarding the integrity of power distribution across the state,” Agunpopo noted.

He added that the Task Force will serve as a coordinated mechanism to identify, investigate, and prosecute cases of energy theft and related offences, in collaboration with security agencies, the judiciary, and other key stakeholders.

“This decisive move not only reflects the Commission’s desire to protect investments made by KEDL but also reinforces its commitment to ensuring that law-abiding customers are not unfairly penalized by the actions of a few who engage in theft and sabotage,” he added.

The Acting Managing Director emphasized that the main objective of the initiative is to protect honest customers, promote fairness and accountability in electricity usage, and improve service delivery by channeling saved resources into infrastructure development and customer satisfaction.

He called for collective support from all stakeholders — government, communities, traditional institutions, security agencies, and citizens — to ensure the success of the initiative.

In his keynote address, the Chairman of the Kogi State Electricity Regulatory Commission, Engr. Ibrahim S. Abdwaaris, said the new legal framework established by the state government to curb electricity theft and protect the power supply system could not have come at a better time.

Hot this week

UCL: Real Madrid’s Alexander-Arnold Reveals What He’ll Do If He Scores Against Liverpool

Real Madrid defender Trent Alexander-Arnold has said he would...

Senator Nora Daduut Congratulates Dr. Bernard Doro on Ministerial Nomination and Senate Confirmation

By Israel Adamu, JosFormer Senator representing Plateau South Senatorial...

Arteta Confirms Saliba, Martinelli Ruled Out Ahead of Burnley Clash

Arsenal manager Mikel Arteta has confirmed that key duo...

SMBLF Calls on Tinubu to Sack NSA, Defence Ministers Over Regional Imbalance

By Achadu Gabriel, KadunaThe Southern and Middle Belt Leaders...

Reps C’ttee laments mass exits of lecturers from Nigerian varsities

The House of Representatives Committee on University Education has...

We’re Used to Hardship, Government Isn’t Doing Anything” — Zlatan Laments

Nigerian rapper Zlatan Ibile has criticised the government for...

Regina Daniels’ Brother Sammy Remanded in Prison, Family Cries for Help

Nollywood actress Regina Daniels’ brother, Sammy, has been remanded...

Nigeria Losing $56bn Annually to Malnutrition — VP Shettima

Vice President Kashim Shettima has revealed that Nigeria loses...

PDP Group Urges U.S. to Help Safeguard Nigeria’s Democracy

The PDP Like-Minds Group has called on the United...

JUST IN: Tinubu Vows to Crush Terrorism, Strengthen Global Alliances

President Bola Tinubu has reaffirmed his administration’s determination to...

Peace Journalism Key to National Transformation and Social Healing — Rev. Hayab

By Achadu Gabriel, KadunaThe Country Director of the Global...

Related Articles

Popular Categories

spot_imgspot_img