The Minister of Power, Joseph Tegbe, has assured industries operating along the 132kV Ikorodu–Sagamu corridor of sustained electricity supply, while warning that the Federal Government will take firm action against energy theft, meter tampering and other practices undermining the integrity of the power system.
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.
The Ikorodu–Sagamu corridor has emerged as a major industrial hub 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 troubling anomalies in energy consumption and loading patterns.
By 2026, the discrepancies had reportedly become increasingly difficult to reconcile, with losses on the corridor reaching as high as 100 megawatts, resulting in an estimated ₦120 billion loss within one year.
Speaking at the engagement, Tegbe said the Federal Government remained committed to ensuring that industries receive the electricity needed to sustain production, investment and economic growth.
He, however, stressed that reliable power supply must be matched by responsible consumption, accurate metering and prompt payment.
“We must know where the power is going and what is compromising it,” the minister said, directing relevant 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 any other form of energy theft that deprives the electricity market of legitimate revenue.
“Every consumer must be responsible for its actions and consumption,” he said.
The minister said the intervention was part of the Federal Government’s broader efforts to strengthen 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 genuine commitment to resolving the outstanding issues, noting that the long-term sustainability of Nigeria’s power sector depends on accountability by every participant.
Those in attendance included 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 Ikorodu–Sagamu industrial corridor.
