EKEDC loses over N1.2bn to vandalism, cable theft — Official

Eko Electricity Distribution Company (EKEDC) says it has lost over N1.2 billion of its assets and electrical installations to vandalism alone in 2022.

The General Manager, Corporate Communications, EKEDC, Mr Godwin Idemudia said this in an interview with journalists on Tuesday in Lagos.

Idemudia said this against the backdrop of frequent cases of vandalism recorded by company on its network in spite of the campaign against it.

He said vandalism was posing a serious threat to its distribution infrastructure, especially electricity cables.

“Today, I want to bring to the attention of the public; the spate of vandalism within our network is alarming and condemnable.

“These cases of vandalism have contributed in no small measure to prolonged outages in our network, leading to disruptions of many businesses, maiming/injury, and loss of lives, particularly of innocent and unsuspecting members of the public.

“We have witnessed series of incidents, and from our estimate, we have lost about N1.2 billion in 2022 alone to theft of underground armoured cables that are resold in the black market.

On the company’s commitment to hitch-free and stable services during the yuletide season.He said, “We understand that there will be greater demand for power during this season and we are committed to meeting the demand of our customers.

“Our digital and electronic platforms will also be available for customer complaints, escalation and resolution.

“Measures have been put in place to ensure network stability and smooth operation during the holidays.”