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IBEDC Sets Up 60-man Team To Curb Energy Losses

IBADAN, OYO STATE, NIGERIA - The Ibadan Electricity Distribution Company (IBEDC) says it has commenced a major “Revenue Protection Campaign”, with a crack team of over 60 executives and officers to curb aggregate, technical and commercial losses.

The Chief Operating Officer (COO), John Ayodele, made the disclosure after inaugurating the team in Ibadan, the Oyo State capital.

John Ayodele said that revenue protection was needed to block leakages that could make the company go under.

John Ayodele explained that the trend had made many DISCOs unable to pay their bills to the market operators and the Nigerian Bulk Electricity Trader (NBET).

John Ayodele posited that lack of efficient revenue protection measures had been a major challenge as it deals with illegal consumption of power, prepaid meter bypass, under billing, wrong tariff classification of customers and energy theft.

“IBEDC discovered that energy theft and meter tampering accounts for about 60 percent of revenue losses across its franchise, between January and October and the company has dealt with about 1,333 cases of meter bypass.

“The establishment of the IBEDC PPM team is another initiative taken by the company to curb revenue leakages,” John Ayodele said.

John Ayodele further argued that other measures included the use of advanced metering infrastructure, which allows for two-way communication between the meter and the utility provider.

John Ayodele said: “It also includes whistle-blowing initiative to get and investigate reports and tip offs on corruption for prosecution.”

John Ayodele, while receiving the management of the National Environmental Standards and Regulations Enforcement Agency (NESREA), said: “The losses and financial challenges in the sector were worsened by multiple taxation and huge debt by government agencies and parastatals.”

Ajani Adeleke, Zonal Director, South-West of NESREA, urged every Nigerian to be environment safety conscious, especially concerning the environmental regulations.

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