Aderonke Bamidele's Blog
  • Home
  • Digital Marketing
  • Content Marketing
  • Email Marketing
  • Social Media Marketing
  • PPC Advertising
  • SEO
  • Home
  • About Me
  • Contact Me
  • Privacy Policy
  • Terms of use

Aderonke Bamidele's Blog

Banner
  • Home
  • Digital Marketing
  • Content Marketing
  • Email Marketing
  • Social Media Marketing
  • PPC Advertising
  • SEO

We’re losing N238bn monthly to theft –Power firm

The Port Harcourt Electricity Distribution Company has said it loses over seven million kilowatt-hour, an equivalent of over N238bn, to direct electricity theft a month.

The Head, Revenue Protection Department, PHED, Mr. Nsika Udi, said on Friday during Consumers’ Forum that the direct tapping of energy, besides meter bypass, illegal connection, and fraud in billing, accounted for 80 per cent of power theft.

He added that the energy theft was not restricted to direct stealing of energy by the consumers that had not been officially connected to the grid or those that had diverted load from the visibility of the energy meter alone, but also extended to individuals that had been billed but deliberately refused to pay or cheat at payment.

According to him, 60 per cent of customers do not pay their bills/vending, noting that the development resulted in the company losing over 30MW, an equivalent of N2bn average monthly.

He added that 10 per cent of prepaid customers had not vended since they had been connected and 43.53 per cent of the prepaid customers last vended over six months ago.

“The most critical challenge facing the distribution sector is how to reduce the technical, commercial and collection losses.

“We lose 7,581,289.63 kWh or N238,333,002 from direct energy theft alone. Non-payment of bills/vending accounts for over 60 per cent of the monthly aggregate technical, commercial and collection losses and this amounts to 30MW or N2bn average monthly losses.

“We also noted that 10 per cent prepaid customers had never vended since they were connected over three months ago while 43.53 per cent of prepaid customers last vended over six months ago. And we have also recorded 27.32 per cent bypass from 571 prepaid meters audited during plug the bleeding initiatives,” he said.

Udi asked consumers to demand proper identification/card and job card from any persons found working on the network or infrastructure within the neighbourhood.

The consumers blamed the power company for failing to provide energy to Nigerians, saying that it was their officials and contractors that aided and abetted defrauding of the consumers and the organisation.

The state chairman of the Trade Union Congress, Mr. Akamba Awah, said mass retrenchment of former PHED employees might have been responsible for direct and indirect tapping of power, thus resulting in colossal loss to the company.

Awah, however, blamed the power company for poor service, inaccurate billings, which he maintained might have contributed to the non-payment of the bills by consumers.

We’re losing N238bn monthly to theft –Power firm was last modified: July 23rd, 2016 by ABBStaff-Mayowa
0
Facebook Twitter Google + Pinterest
atoluwashe@gmail.com'
ABBStaff-Mayowa

previous post
Naira rises to 307/dollar at interbank market
next post
Outfits that work for church

You may also like

Starting a Rabbit Farm – Sample Business...

Steps to start cattle rearing business in...

4 reasons why CBD businesses will be...

Start event planning business with little stress

How To Win lack lost customers

5 Tips to Customizing Your Business Uniforms...

4 Easy business ideas you can venture...

How to Start a Food Cart Business

How To Start a profitable Plantain farming...

MLM Companies- 5 top Multi-level marketing companies...

Leave a Comment

Keep in touch

Facebook Twitter Google + Instagram Pinterest Linkedin Youtube Email RSS
Aderonke Bamidele's Blog

Recent Posts

  • Digital Marketing in Your Niche: Tailoring Strategy for B2B, Healthcare, SaaS & More

  • Creating a Digital Marketing Calendar for Your Team

  • Industry Case Studies: Digital Campaigns That Crushed It

  • Best Free & Paid Courses to Learn Digital Marketing

  • How to Do a Digital Marketing Audit

About Me

About Me

As a digital marketing consultant, I specialize in crafting innovative online strategies, optimizing digital presence, and driving engagement across various platforms. Passionate about leveraging technology and data-driven insights to enhance brand growth, I thrive on creating impactful digital experiences that connect with audiences.

Popular Posts

  • Affiliate Marketing Business – Make Sustainable Income Online Selling Other People’s Products

  • Make Money Online|Online Income Opportunities For Nigerians

  • REVEALED! How to Open A PayPal Account In Nigeria And Receive Payments

  • Blogging For Cash- How To Start A Blog That Makes Money

  • How To Start A Profitable Importation Business | Ecommerce Business Guide

Stay up to date

Subscribe for email updates



Give consent that we may collect and use your data.

0% Complete
  • Facebook
  • Twitter
  • Google +
  • Instagram
  • Pinterest
  • Linkedin
  • Youtube
  • Email
  • RSS
Footer Logo
  • Home
  • About Me
  • Contact Me
  • Privacy Policy
  • Terms of use

©2025 - Aderonke Bamidele's Blog. All Rights Reserved. Designed and Developed by ABB


Back To Top