The Minister of Power, Joseph Tegbe, has assured industries along the 132kV Ikorodu–Sagamu corridor of sustained electricity supply while warning against meter tampering, energy theft and other practices capable of undermining the power sector.
Tegbe gave the assurance during a high-level engagement with industrial customers along the corridor following concerns over significant discrepancies between electricity supplied and energy accounted for by market participants.
The Ikorodu–Sagamu corridor has emerged as a major industrial cluster serving some of Nigeria’s largest electricity consumers. However, increased monitoring of power flows through the Nigerian Independent System Operator’s (NISO) technology-based systems since 2024 has revealed anomalies in energy consumption and loading patterns.
By 2026, the discrepancies had become increasingly difficult to reconcile, with losses along the corridor reaching as high as 100MW and resulting in an estimated loss of N120 billion in one year.
Speaking at the engagement, Tegbe said the government’s priority was to ensure that industries had the electricity required to sustain production and investment, but stressed that reliable supply must be matched by responsible consumption and accurate 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.
He warned that the government would not tolerate meter tampering, deliberate interference with energy measurement, manipulation of data or any other form of energy theft capable of depriving the electricity market of legitimate revenue.
“Every consumer must be responsible for its actions and consumption,” Tegbe said.
The minister’s intervention comes as the Federal Government intensifies efforts to improve accountability and financial discipline across the electricity value chain while maintaining a stable operating environment for productive industries.
He urged all parties to approach the process with openness and a commitment to resolving outstanding issues, stressing that the sustainability of Nigeria’s power sector depends on accountability from every participant.
The engagement was attended by the Managing Director/Chief Executive Officer and Executive Directors of NISO, representatives of the Transmission Company of Nigeria (TCN), Managing Directors of Ibadan Electricity Distribution Company and Ikeja Electric, as well as representatives of companies operating along the corridor.