Eko Disco loses 30 percent of electricity to power thieves

Eko electricity distribution company has said it is losing about 30 percent of its allocated electricity from the Transmission company of Nigeria (TCN) valued at over N1bn monthly to power theft.

Oladele Amoda, managing director and chief executive of Eko disco disclosed this at the 3rd anniversary press briefing today in their marina office in Lagos.

He stated that a recent raid at highbrow Lekki area in Lagos yielded several houses where meters have been by-passed by even highly placed individuals.

“We have now decided to take measures including creating awareness and naming and shaming the perpetrators of this practice” said Amoda.