By Ayomide Otitoju
The Minister of Power, Joseph Tegbe, has assured industries operating along the 132kV Ikorodu–Sagamu corridor of sustained electricity supply while warning against energy theft, meter tampering and other practices that undermine the power sector.
Tegbe gave the assurance during a high-level engagement with industrial customers along the corridor following concerns over discrepancies between electricity supplied and energy accounted for by market participants.
The Ikorodu–Sagamu corridor has developed into a major industrial cluster serving some of Nigeria’s largest electricity consumers. However, technology-based monitoring systems deployed by the Nigerian Independent System Operator (NISO) since 2024 have revealed significant anomalies in energy consumption and loading patterns.
By 2026, the discrepancies had become increasingly difficult to reconcile, with losses along the corridor reportedly reaching as much as 100MW and resulting in an estimated loss of N120 billion in one year.
Speaking at the meeting, Tegbe said the Federal Government’s priority was to ensure industries receive reliable electricity to support production and investment.
He, however, stressed that reliable power supply must be matched by responsible consumption, accurate metering and payment.
“We must know where the power is going and what is compromising it,” the minister said, directing stakeholders to establish the facts through a transparent, scientific and fair investigation.
Tegbe warned that the government would not tolerate meter tampering, deliberate interference with energy measurement, data manipulation or other forms of energy theft that deprive the electricity market of legitimate revenue.
“Every consumer must be responsible for its actions and consumption,” he said.
The minister said the government was intensifying efforts to improve accountability and financial discipline across the electricity value chain while maintaining a stable operating environment for productive industries.
He urged all stakeholders to approach the investigation with openness and a commitment to resolving outstanding issues, stressing that the sustainability of Nigeria’s power sector depends on accountability from all participants.
The meeting was attended by the Managing Director and Chief Executive Officer and Executive Directors of NISO, representatives of the Transmission Company of Nigeria (TCN), the Managing Directors of Ibadan Electricity Distribution Company and Ikeja Electric, as well as representatives of companies operating along the corridor.
