By JKNewsMedia
INDUSTRIES OPERATING along the 132kV Ikorodu–Sagamu corridor have received assurances of sustained electricity supply, as the Federal Government warned of firm action against energy theft, meter tampering and other practices undermining the integrity of the power system.
JKNewsMedia.com reports that the Minister of Power, Joseph Tegbe, gave the assurance during a high-level engagement with industrial customers on the corridor following concerns over significant discrepancies between electricity supplied and energy accounted for by market participants.
He noted that the Ikorodu–Sagamu corridor has evolved into a major industrial cluster serving some of the country’s largest electricity consumers.
However, increased visibility of power flows through the Nigerian Independent System Operator’s technology-based monitoring systems since 2024 has exposed increasingly troubling anomalies in energy consumption and loading patterns.
By 2026, the discrepancies had become increasingly difficult to reconcile, with losses on the corridor reaching as high as 100MW and resulting in a loss of 120 billion in one year.
Tegbe said the Government’s priority was to ensure 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 that deprives the electricity market of legitimate revenue.
“Every consumer must be responsible for its actions and consumption,” Tegbe said.
JKNewsMedia.com reports that the Minister said his intervention comes as the FG intensifies efforts to improve accountability and financial discipline across the electricity value chain while maintaining a stable operating environment for productive industries.
He then urged all parties to approach the process with openness and a commitment to resolving the outstanding issues, stressing that the sustainability of Nigeria’s power sector depends on accountability from every participant.
In attendance were the MD/CEO and Executive Directors of NISO, representatives of TCN, the Managing Directors of Ibadan Electricity Distribution Company and Ikeja Electric, as well as representatives of companies operating along the corridor.
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