{"id":24895,"date":"2018-07-06T14:59:21","date_gmt":"2018-07-06T13:59:21","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=24895"},"modified":"2018-07-06T14:59:21","modified_gmt":"2018-07-06T13:59:21","slug":"ekedc-decries-revenue-loss-due-to-meter-bypass-in-lekki","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ekedc-decries-revenue-loss-due-to-meter-bypass-in-lekki\/","title":{"rendered":"EKEDC Decries Revenue Loss Due To Meter Bypass In Lekki"},"content":{"rendered":"

Mr Adeoye Fadeyibi, the Chief Executive Officer and Managing Director, Eko Electricity Distribution Company (EKEDC) on Friday said the company was recording huge revenue losses in Lekki due to meter bypass and energy theft.<\/p>\n

Fadebiyi said, at company\u2019s Customers Engagement Town Hall Meeting with electricity consumers in the Lekki area, Lagos, only 11,000 out of 30,000 electricity consumers recharge their prepaid meters monthly.<\/p>\n

\u201cWhen 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,\u2019\u2019 he said.<\/p>\n

The EKEDC boss noted that the company was working hard to reveal the identity of those that were not recharging their meters.<\/p>\n

He, however, advised customers to expose those bypassing meter and energy theft in their areas.<\/p>\n

\u201cHelp EKEDC to protect revenue, expose energy theft and those that are bypassing our meters. Do not encourage or support any encroachment on our facilities.<\/p>\n

\u201cWe promise to commit anything we can to continue to improve services to your communities,\u201d the EKEDC boss said.<\/p>\n

He added that the tariff approved by Nigerian Electricity Regulatory Commission (NERC) was not enough to meter all customers.<\/p>\n

According to him, the company retains less than 25 per cent of what it collects from customers monthly, which says is not enough to provide meters for all the customers in the area.<\/p>\n

\u201cBut in spite of this challenge, we are gradually installing meters \u2013 community by community.<\/p>\n

\u201cWhat we do is to first install meters in the transformer that supplies the area before giving houses their meters,\u201d he said.<\/p>\n

Fadeyibi said the Federal Government through NERC had brought in Meter Asset Providers (MAPs) to provide meters for unmetered consumers.<\/p>

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He urged customers within Lekki and environs to wait patiently for the commencement of the operations of MAPs.<\/p>\n

He also advised them to expose any of the company\u2019s personnel involved in sharp practices, and that the EKEDC would deal with such staff.<\/p>\n

Fadeyibi said the company was open to criticisms that would enable its staff to work harder.<\/p>\n

\u201cWe will continue to improve on the supply to our customers while ensuring that we get the returns,\u201d he said.<\/p>\n

Earlier, one of the leaders of the community, Oba Tijani Akinloye, commended the management of EKEDC for organising the forum to listen to its customers.<\/p>\n

Akinloye said the customers in his community were not enjoying the services of EKEDC, and that they were ready to pay for electricity if the supply was available.
\nThe traditional leader said he spent over N2 million on diesel alone in June due to the epileptic power supply.<\/p>\n

He urged the company to improve on its services as his people were fed up with estimated billing by EKEDC.<\/p>\n

Also, Mr Kayode Otitoloju, the Chairman, Lekki-Peninsula Residents Association, said most of the transformers servicing the area were installed in 1991 when there were only 3,000 houses.<\/p>\n

Otitoloju said the houses which had risen to over 10,000 were using the same transformers now leading to overloading and frequent breakdowns.<\/p>\n

He said, consequently, the residents get only eight hours of electricity daily, which was inadequate for consumers.<\/p>\n

He appealed to the management of EKEDC to give the customers prepaid meters, saying that estimated bills were unjustifiable.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mr Adeoye Fadeyibi, the Chief Executive Officer and Managing Director, Eko Electricity Distribution Company (EKEDC) on Friday said the company was recording huge revenue losses in Lekki due to meter bypass and energy theft. Fadebiyi said, at company\u2019s Customers Engagement Town Hall Meeting with electricity consumers in the Lekki area, Lagos, only 11,000 out of …<\/p>\n","protected":false},"author":6,"featured_media":24896,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[2120],"coauthors":[2391],"class_list":["post-24895","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-ekedc"],"yoast_head":"\nEKEDC Decries Revenue Loss Due To Meter Bypass In Lekki - National Wire<\/title>\n<meta name=\"description\" content=\"Mr Adeoye Fadeyibi, the Chief Executive Officer and Managing Director, Eko Electricity Distribution Company (EKEDC) on Friday said the company was recording huge revenue losses in Lekki due to meter bypass and energy theft.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ekedc-decries-revenue-loss-due-to-meter-bypass-in-lekki\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EKEDC Decries Revenue Loss Due To Meter Bypass In Lekki - 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