Electricity
By Constance Imasuen
The Electricity Distribution Companies (DisCos) say they are losing over N30 billion in monthly revenue due to cases of energy theft, meter bypass, vandalism and unpaid electricity bills by consumers.
The DisCos disclosed this in a statement by Mr Sunday Oduntan, Executive Secretary, Reserach and Advocacy, Association of Nigerian Electricity Distributors (ANED) in Abuja on Thursday.
According to Oduntan, over 40 per cent of electricity consumers do not pay their electricity bills while they indulge in illegal connection of electricity.
He said DisCo operators, who were present at the recent public hearing in Abuja by the Senate Committee on Power, attributed the challenges to form the major part of the DisCos Aggregate Technical, Commercial and Collection (ATC