The Federal Government has warned electricity consumers and other stakeholders along the 132kV Ikorodu–Sagamu power corridor against energy theft and meter tampering, following the discovery of significant losses estimated at ₦120 billion annually.
The Minister of Power, Joseph Tegbe, disclosed this during a high-level meeting with industrial customers operating along the corridor.
According to Tegbe, energy losses on the Ikorodu–Sagamu corridor had risen to as much as 100 megawatts by 2026, creating a substantial financial gap for the government and the power sector.
He expressed concern over discrepancies between the volume of electricity supplied and the energy accounted for by Distribution Companies (DISCOs).
The minister said the Federal Government remained committed to providing reliable electricity to industries located along the corridor, which has developed into a major industrial hub with some of the country’s largest electricity consumers.
Tegbe said technology-based monitoring systems deployed by the Nigerian Independent System Operator (NISO) had exposed unusual patterns in energy consumption and loading since 2024.
He stressed that the government would intensify monitoring and take decisive action against energy theft, meter tampering and other practices capable of undermining the electricity sector.
According to him, improving electricity supply to industrial users remains a priority because reliable power is essential for production, investment and economic growth.
However, he noted that improved electricity supply must be matched by responsible consumption, accurate metering and payment for energy consumed.
The minister assured industries along the Ikorodu–Sagamu corridor of sustained electricity supply while urging consumers to support efforts to improve accountability and efficiency within the power sector.
