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Electricity: Eko Disco pledges to improve hourly supply to customers

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Eko Electricity Distribution Company (EKEDC), has promised to improve its electricity supply to customers within the network.

The DisCo also said it would continue to make more efforts in reducing fraud, vandalism and energy theft within its network operations.

Chief Executive Officer, EKEDC, Dr Tinuade Sanda gave the assurance at the customers interactive forum held at its Apapa Business Unit on Thursday in Lagos.

Customers at the forum were drawn from various areas under the Apapa district which include Ajeromi-Ifelodun, Amukoko, Badia, Ajegunle, Tolu community, Plaza, Idewu, Odofin, Sari, Boundary and Apapa.

Sanda, represented by the company’s Chief Commercial Officer, Mrs Rekhiat Momoh, said that  EKEDC would reduce power supply outage and increase prepaid installation efforts to bridge the metering gap by end of 2023.

She said that over 100 cases of transformers vandalisation was recorded in various communities under its network in 2023.

Sanda said that the essence of the meeting was to interact with customers directly on issues of concern and address them instantly.

She said that each of the vandalised transformers replaced cost over a million naira, adding that this also impacted on the revenue of the DisCo.

According to her, the situation is rampant within the company’s network, particularly in Surulere and Apapa.

“This is a major problem that is faced by every DisCo and not just EKEDC alone.

“The message for the forum is tagged, ‘If  you see something, you say something.’ That is the truth because we have recorded a lot of cases of vandalism and energy theft.

“So, the essence of today’s meeting was to tell the customer that they should speak out when they see things happening in their environment, especially when people are stealing energy or our transformers are being vandalised,” she added.

On meters,  Sanda said that the company’s target is to install about 150,000 pre-paid electricity meters before end of the year, adding that the DisCo had installed over 80,000 meters to date.

She said that the company’s expectations were that more customers would apply for meters and which is expected to hit 100,000 metering by December.

The EKEDC helmsman said that the company’s energy losses were quite high, hovering between 20 percent and 28 percent on average.

She said that the company had commenced installation of meters on poles, outside premises, to curb energy theft.

Sanda said, “This process  to install meter outside premises, in my opinion, is the best solution towards energy theft.

“Because once these meters are installed in their bedrooms and sitting rooms, other people will not have access to it and you will agree with me that it is easy to know when a thief is stealing.

“You will not have access to it when you have it on the pole and  high up, you will know whether they are bypassing meters or not.

“The losses are quite high, it is almost every DisCos, to be very honest with you. In EKEDC yesterday, it was actually 24.5 percent losses.

“Also our revenue collections within the network on average stood at 85 percent.

“We have shared the whistle blowing number with the community leaders. So, our expectation is that once they suspect someone, they can whistle blow to us and they will be covered, we are not going to reveal their identity,” Sanda explained.

She said that the company had urged various communities within the network to engage security personal in securing electricity equipment in their neighbourhood.

Also, Mrs Sheri Adegbenro, Chief Audit and Compliance Officer, EKEDC, said there had been improvement in power supply across board.

“For today, one of the key take away that everybody has been saying, even the Kabiyesi, is that there has been improvement and we cannot take that from the effort of the company and of the community.

“There has been improvement in our power supply across board. That is one of the things that is good in all.

“Vandalism is one thing that has been mentioned as well. But again, it has to be both company and also the community that will actually assist with that,” she said.

On 2023 International Fraud Awareness Week, Adegbenro  urged communities to report any suspected cases of vandalism or fraud, whether from external or other customers that actually leave within the community or even internal employee.

“Whatever it is when something just looks off, red flag and they need to seek clarification, please report to us immediately, giving us details of the situation.

“Then we will investigate to know whether it is just a misunderstanding, whether we need to actually take action or whether we need to investigate because actually a fraud occurred.

“We take what decision, whether it is to sanction or arrest anybody,” she added.

“There was a situation where a community attacked one of our employees, and of course the employee was actually discharging one of his duties, and we take that as non-compliance.

“We are still waiting for who did it and that is why we will not go into that community to give them whatever services that they need because again, an attack on one is an attack on all.

“Our employees need to be safe, that issue has occurred and the Kabiyesi reiterated to it.

“It is something that cannot be tolerated, we cannot tolerate that; it brings harm to us when discharging our duties.

“Another employee died three weeks ago, that was even a safety issue but it is a different aspect.”

Oba Mohammed Atanda, the Olu of Iwa and Apapa Kingdom, (Amore III) condemned the attack of EKEDC workers by some communities, saying such attitudes negate ethical principles.

Atanda urged communities to support EKEDC in protecting their equipment against vandals.

According to him, if electricity equipment are vandalised in any community,  this will affect everyone in such community.

“We should ensure our total support to EKEDC in safeguarding their equipment against vandals.

“Residents should avoid tempering of meter and other EKEDC equipment within the community.

“Protecting EKEDC’s equipment is everybody’s responsibility and we must ensure that,” he said.

The royal father commended Eko Disco for organising the town hall as an avenue for discussion and way of resolving the challenges.

He said that the forum allows customers to clear their minds and the management of EKEDC also proffers solutions.

A community leader, Prof. Chioma Itiaba, the Yeye Oge of Ijora and Iganmu Kingdom, urged residents to safeguard their transformers against vandals.

According to her, vandals usually operate between 2.00 a.m. to 4.00 a.m. in the community, but if security guards are on ground, such will not happen.

Energy

Communities demand accountability  of 3% HCDT from OML54

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Members of OML54 communities have asked Aradel Holdings Plc, to make available the details of the 3percent host community development fund accruable to the community as enshrined in the Petroleum Industry Act, PIA.

The people who made the demand during a town hall meeting with the management of Aradel Holdings Plc, insisted that the host communities ought to know how much has accrued to them from the 3 percent HCDT fund, either quarterly or annually.

Aradel, formerly known as Niger Delta Petroleum Resources Plc, NDPR is the operator of OML54 and Aradel Modular Refinery in Ahoada East and Abua/Odual Local Government Area of Rivers State. The company in the past, has been at loggerheads with its host communities leading to endless protests.

Speaking, the General Secretary of Ogbele community, Comrade Solomon Oyagiri, lamented that Aradell Holdings has not accorded the community its due, despite developmental promises made by its pioneer Managing Director, Aret Adams.

Oyagiri cited the continuous refusal by the company to give details of the 3 percent development fund accrued to it as one of the vexing situations created by the company, and queried the non payment of equitable fees from badges and vessels trucking at the community river bank.

He alleged that the selective justice created to cover the fraud and mismanagement of the host community trust fund was the bane of development, progress and the cause of myriads of litigations to contest injustice and marginalisation by the people and urged the company to align with genuine community representatives.

“A Post Environmental Impact Assessment, as a result of hazardous pollution and accompanying economic deprivation and social benefits to numerous fishermen and women arising from Aradel’s trucking operations on its coastal lines has not been carried out.

“We frowned at the continuous refusal by Aradell Holdings Nigeria Plc to implement the agreement reached with the community after the September 2022 peaceful protest. Even some staff of Aradel have teamed up with some of our community members to thwart the reached agreement.

“Aradel has refused to employ our sons and daughters from the host families into managerial positions; there is lack of total employment, refusal to adhere to the Local Content Act and impoverishment of our people through lack of award of contracts.”

Responding, the Community Relations Manager, Aradel Holdings Plc, Mr Blessing Okpowo, promised to take their demands to the management and assured the people that the community’s maternity home would soon be upgraded to a cottage hospital where healthcare services would be accessible and affordable.

Okpowo urged the people to be united in their demands and affairs, saying, “only unity of purpose can attract the needed development,” and assured the people of a regular interface with the community leadership.

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Energy

FG reverses halt on transfer of electricity oversight to states

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The federal government has reversed its decision to halt the transfer of electricity regulatory oversight to state governments.

On Monday, Adebayo Adelabu, the Minister of Power, addressed the two-day stakeholders’ workshop organised by the Nigerian Electricity Regulatory Commission (NERC) in Lagos.

The workshop, focused on the implementation of the Electricity Act, was attended by the 36 state commissioners of energy and power.

The Minister’s remarks followed an announcement made a few days earlier regarding plans to pause the transfer of regulatory autonomy to states and to conduct a test phase with select states.

This announcement had led to confusion about whether the minister had the authority to issue such a directive contrary to the Act.

However, at the workshop, Adelabu clarified that the federal government would adhere to the law.

“Granting regulatory autonomy to states is a provision of the new Act, and no individual can override the Act. It’s a legal provision that must be respected by all state officials,” he stated.

Adelabu also noted that the workshop aimed to address potential challenges during the transition.

In April, NERC had transferred oversight of the electricity market to three states: Ondo, Ekiti, and Enugu.

The Electricity Act requires NERC to transfer oversight within six months after a state complies with the legal process.

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Energy

Oil inches upward following report surrounding the death of Iran’s president

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Oil prices saw a slight increase on Monday  following report surrounding the death of Iran’s President Ebrahim Raisi, his foreign minister and others in a helicopter crash. The development is seen to have contributed to the overall market sentiment, which also included last week’s gains.

Brent oil futures for July saw a 0.3 percent rise, reaching $84.19 a barrel, while West Texas Intermediate (WTI) crude futures experienced a 0.2 percent increase, trading at $79.70 a barrel.

In a tragic turn of events, a helicopter carrying Iranian President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian crashed over the weekend in the mountainous terrain of northwestern Iran, with both leaders report dead.  The loss of President Raisi comes at a time of heightened tensions between Iran and Israel, following a series of strikes exchanged earlier this year.

Prior to the  report, crude oil prices had been experiencing an upward trend due to several key factors. Positive indicators such as the possibility of U.S. interest rate cuts and improving demand in China have contributed to this increase in appetite for crude.

Furthermore, the U.S. government’s announcement of its purchase of approximately 3.3 million barrels of oil to refill the strategic petroleum reserve has also bolstered market confidence. However, ongoing instability in the Middle East and its potential impact on oil supplies remains a significant concern, keeping Brent oil prices above the $80 mark for most of 2024.

As the week unfolds, oil markets are exercising caution in anticipation of crucial announcements regarding U.S. interest rates and the economy. The release of the Federal Reserve’s late-April minutes and speeches from several Fed officials would also be closely scrutinised for insights into potential policy shifts.

Additionally, the upcoming Organization of Petroleum Exporting Countries and allies (OPEC+) meeting on June 1st is expected to provide updates on the cartel’s plans to maintain ongoing production cuts, which could have a significant impact on global oil supplies.

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