15 May 2017, Sweetcrude, Lagos – The Ministry of Power, Works and Housing has disclosed that the Economic and Financial Crimes Commission, EFCC, is investigating energy theft by individuals and organisations.
The ministry said in a statement issued on Sunday that the probe is part of efforts by the government to arrest the activities, through which power distribution comp anies or Discos said they were losing millions of Naira.
As of now, the focus of the EFCC is in the areas of jurisdiction of the Ibadan Electricity Distribution Company, IBEDC.
Explaining why the focus on IBEDC jurisdiction area, the ministry said: “Ibadan Electricity Distribution Company noted that collusion by some of its employees, customers and meter manufacturers to bypass meters has been reported to the EFCC and is under investigation.”