GenCos Call for Action Against Electricity Theft in Nigeria

Power generation companies in Nigeria, represented by Joi Ogaji, are urging the federal government to blacklist firms stealing electricity along the Ikorodu-Sagamu corridor. This demand follows a report by the Nigerian Independent System Operator (NISO) indicating that 180 megawatts of electricity are being lost due to widespread theft, amounting to N9.7 billion monthly.

Abdu Moham Bello, managing director of NISO, disclosed during a stakeholder meeting that the theft is facilitated by large customers manipulating meters connected to the transmission lines. The situation has raised significant concerns among stakeholders in the power sector, who are calling for legal action against those responsible.

Ogaji emphasized the need for the government to ensure that individuals and companies involved in the theft face prosecution. NISO is also implementing a pilot scheme to address electricity theft nationwide, starting with the Ikorodu-Sagamu corridor, which has been identified as a major threat to grid stability and revenue.